📈 $XRP Rises to R$1.42 After 2.4% CPI Print, March 4 Fed Beige Book Next
XRP drew fresh buying interest after U.S. inflation data came in softer than expected, with January CPI rising 0.2% month over month and annual inflation easing to 2.4%. After an initial 0.95% dip, the token rebounded 3.76% and hit a peak at R$1.422 at press time. With CPI absorbed, attention now shifts to the Fed’s Beige Book on March 4.
🔸 XRP response to January CPI data
According to the Bureau of Labor Statistics, January CPI rose 0.2% month over month, below the 0.3% consensus, while annual inflation eased to 2.4%, marking one of the lowest readings in nearly five years. Core CPI matched expectations at 0.3% month over month. On paper, this was a constructive print for risk assets. In practice, the reaction was more complex.
XRP initially slipped 0.95% in the immediate aftermath of the release, reflecting the algorithmic volatility typical around macro data. Buyers then stepped in, lifting the token by 2.29% from the local low. At the time of writing, XRP is trading near R$1.4092, up about 3.57% on the day, suggesting that dip demand remains active above the R$1.36-R$1.37 intraday support.
🔸 "New normal": 3% inflation target?
The most critical takeaway for crypto investors is not the 2.4% figure itself but the market’s reassessment of the Fed’s reaction function.
There is growing institutional consensus that the Federal Reserve may tolerate a higher long-term inflation range — 2.5% to 3.5% — rather than forcing a recession to hit the historical 2% target. If this "higher-for-longer" inflation framework gains traction, high-beta assets like XRP and hard assets like gold may continue to reprice upward as real rates adjust.
XRP
R$1.467
+3.24%