๐จ Breaking news from Washington! ๐บ๐ธ๐ฅ
Despite the federal government shutdown, the U.S. Department of Labor shocks the markets by releasing an โexceptionalโ CPI report for September!
๐ The results came in weaker than expected:
๐น Overall inflation: +3.0% (vs +3.1%)
๐น Core inflation (excluding food and energy): +3.0% (vs +3.1%)
๐ฅ Market translation:
Inflation is declining faster than expected โ and the Federal Reserve may find itself forced to cut rates quicker than planned!
๐ฅ Markets are starting to move:
Gold is catching its breath โจ
Stocks are on fire ๐
And crypto is gearing up for a potential explosion ๐
๐ October 25 โ A day that will enter history as a new crossroads between politics and economics!
#CPIReport #FED #GamingCoins #crypto #MarketSituation #Inflation