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The PCE index, which the Federal Reserve system values the most, peaked in May. The mentioned consumer spending index rose to its highest level in three years. The interest rate cut process led by new Fed Chairman Kevin Warsh may be delayed. The possibility of delaying the easing policy directly cuts risk appetite in the markets like a knife.
The cost of holding non-interest-bearing assets is running quite high these days#StrategyBuybackSurges12% $BTC