đš #CPIWatch : Inflation Data Shakes Markets
The US Consumer Price Index (CPI) is one of the most critical indicators measuring price changes in the economy and directly influences Fed decisions. CPI data is hovering around the 2.7â2.9% range on an annual basis, keeping the question âis inflation under control?â on the agenda for policymakers and markets.
đ The general perception is shaping up as follows
âą A higher-than-expected CPI reading increases the likelihood of the Fed delaying interest rate cuts, supports the USD, and may put pressure on risky assets.
âą Low or moderate inflation, on the other hand, strengthens expectations of monetary policy easing and could breathe life into risk assets.
đ Therefore, âCPIWatchâ is not just a data point; it has become a triggering event that reshapes perceptions, interest rate expectations, and crypto/stock pricing.
đ Do you think this data will create more support or pressure on BTC and risk assets?