ChainCatcher news, data released on Friday showed that the U.S. core PCE in August was below market expectations, with a year-on-year increase of 2.2%, close to the Federal Reserve's 2% target. The cooling inflation has strengthened market expectations for the Federal Reserve to continue cutting interest rates in the coming months, with the probability of a 50 basis point rate cut in November rising from 49.3% to 54.1%.According to 4E observations, the Dow Jones Industrial Average rose 0.59% last week, the S&P 500 index increased by 0.62%, and the Nasdaq rose by 0.95%, marking the third consecutive week of gains for all three major indices. Bitcoin saw a cumulative increase of nearly 4% last week, marking three weeks of gains and heading towards the best September in history. Under the expectation of continued rate cuts, the U.S. dollar index fell for four consecutive weeks, erasing all gains since mid-July. Spot gold hit a new historical high last week, rising 1.38%, with an increase of nearly 30% this year, surpassing the S&P 500 index's 20% gain, driven by rate cuts from major central banks like the U.S. and China, along with ongoing tensions in the Middle East.With inflation falling in Europe and the U.S., and the pace of global central bank rate cuts accelerating, this will provide strong momentum for the stock and cryptocurrency markets. eeee.com is a financial trading platform that supports assets such as cryptocurrencies, stock indices, bulk gold, and foreign exchange. U.S. non-farm payroll data for September will be released this Friday; if it performs strongly, it will further boost expectations for a 50 basis point rate cut in November. 4E reminds you to pay attention to market volatility risks and to allocate assets wisely.

ChainCatcher news, according to Jinshi reports, according to CME's "Fed Watch," the probability of the Federal Reserve lowering rates by 25 basis points by November is 45.9%, and the probability of a 50 basis point cut is 54.1% (before the PCE data release, these were 50.1% and 49.9% respectively). The probability of a cumulative 50 basis point cut by December is 24.0%, the probability of a cumulative 75 basis point cut is 50.2%; the probability of a cumulative 100 basis point cut is 25.8% (before the PCE data release, these were 26.0%, 50.0%, and 24.0% respectively).

ChainCatcher news, according to Jinshi reports, before the release of PCE data, the CME "FedWatch" tool shows that the probability of the Federal Reserve lowering rates by 25 basis points by November is 50.1%, and the probability of a 50 basis point cut is 49.9%.By December, the probability of a cumulative 50 basis point cut is 26.0%, the probability of a cumulative 75 basis point cut is 50.0%; the probability of a cumulative 100 basis point cut is 24.0%.

ChainCatcher news, according to CME's "FedWatch" data, the probability of the Federal Reserve cutting interest rates by 25 basis points in September is 69.5%, and the probability of a 50 basis point cut is 30.5%.The probability of the Federal Reserve cumulatively cutting rates by 50 basis points by November is 51.2%, the probability of a cumulative cut of 75 basis points is 40.8%, and the probability of a cumulative cut of 100 basis points is 8.1%.

ChainCatcher message, analysts have indicated that after the latest economic data strengthened expectations for multiple rate cuts by the Federal Reserve this year, U.S. stock index futures rose slightly. U.S. Treasury yields remained almost unchanged, and the market is poised for its longest consecutive rise since 2021. The PCE index, favored by the Federal Reserve as a measure of potential U.S. inflation, rose moderately in July, while household spending remained robust.Federal Reserve Chairman Powell stated last week that the time has come for the Federal Reserve to lower its key policy interest rate. He affirmed expectations that Fed officials will begin to reduce borrowing costs next month and clearly indicated his intention to prevent further cooling of the labor market. (Jin Shi)

ChainCatcher news, according to Jinshi reports, eToro analyst Bret Kenwell stated that the U.S. June PCE report largely met economists' expectations, with the core PCE index year-on-year increase slightly above expectations. Nevertheless, there were no signs in the report indicating that inflation would unexpectedly accelerate. Coupled with the earlier-than-expected CPI report this month and the recent trend of lower inflation data, this should give the Federal Reserve the green light to cut interest rates later this quarter.In next week's Federal Reserve meeting, all eyes will be on Powell, as people hope and expect him to lay the groundwork for a rate cut in September. In recent years, the Federal Reserve has been very transparent, announcing its actions well in advance, which has increased certainty, and the market likes certainty.

ChainCatcher news, consulting firm BRN digital asset analyst Valentin Fournier stated that the upcoming PCE data could be the final nail in the coffin for high interest rates and prompt the Federal Reserve to announce interest rate cuts; additionally, if rumors about the establishment of a BTC strategic reserve prove true, Trump's speech at the Bitcoin conference could trigger a stronger rebound, and these factors may drive Bitcoin prices to new highs.

ChainCatcher news, according to Jinshi reports, after the release of the U.S. May PCE data, traders increased their bets on a Federal Reserve rate cut.

ChainCatcher news, according to Jinshi reports, U.S. short-term interest rate futures rose after the U.S. data was released, as traders increased their bets on a Federal Reserve rate cut.