$BTC
đšđșđž US Inflation drops to 1.73%. Lowest in 5 months âĄïžđą
Hereâs why this matters đą
Inflation is simply how fast prices are rising in the economy âĄïžđą
When inflation is high, the US Federal Reserve keeps interest rates high to slow things down. High interest rates make money expensive. And when money is expensive, investors avoid risk assets like crypto and stocks âĄïžđą
Now inflation has dropped to 1.73% âĄïžđą
This tells the Fed that the economy is cooling and that price pressure is easing đą
When this happens, the Fed gets more room to cut interest rates âĄïžđą
The next Fed meeting is January 27â28th.
Given the positive signals from the inflation index, how many basis points do you think the Fed will cut from interest rates? âĄïžđą
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