JUST IN: CPI INFLATION COMES IN BELOW EXPECTATIONS

📊 #CPI (8:30 AM ET)

- Expected: 3.1% YoY

- Actual: 2.7% YoY

📌 Core CPI

- Expected: 3.0% YoY

- Actual 2.6% YoY

👷 #Jobless claims: In line with expectations.

⬇️ Cooling inflation gives the Fed more room to cut rates.

If the labor market softens further, rate-cut odds increase.

🗣️ Hassett: Says it’s appropriate for the Fed to lower interest rates now.

Also watch: Japan’s rate decision tonight 👀

#BinanceBlockchainWeek #USNonFarmPayrollReport

$BNB

BNB

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