According to CoinMeta, the inflation data in the United States PCE was slightly higher than expected, with a headline inflation rate of 3.7%, which is higher than the anticipated 3.6%, but it has significantly declined from 4.1% last month. The core PCE met expectations, remaining at 3.3%, lower than the previous value of 3.4%, indicating that potential inflationary pressures are only gradually easing. This mixed report is unlikely to force the Federal Reserve to raise interest rates immediately, but it weakens the case for lowering rates and supports the possibility of keeping interest rates unchanged.