đ„ CPI WATCH: Will Inflation Force the Fed to Hike?
The next CPI print could become a major catalyst for risk assets.
Nonfarm payrolls came in stronger than expected, keeping the U.S. labor market relatively resilient. Now the market is turning its attention to inflation: if CPI comes in hotter than expected, the Fed could face renewed pressure to keep rates higher for longerâor even consider another hike.
My view: cautiously bearish in the short term if CPI surprises to the upside.
A hot CPI could push Treasury yields and the USD higher, putting pressure on BTC and other risk assets. But a softer-than-expected CPI could quickly flip the narrative and support a risk-on move.
For me, the key question isn't simply whether CPI rises or fallsâit is whether the number changes the Fed's rate expectations.
What do you think?
đ„ Bullish or đ» Bearish?
#CPIWatch #bitcoin #crypto #Fed #cpi
The next CPI print could become a major catalyst for risk assets.
Nonfarm payrolls came in stronger than expected, keeping the U.S. labor market relatively resilient. Now the market is turning its attention to inflation: if CPI comes in hotter than expected, the Fed could face renewed pressure to keep rates higher for longerâor even consider another hike.
My view: cautiously bearish in the short term if CPI surprises to the upside.
A hot CPI could push Treasury yields and the USD higher, putting pressure on BTC and other risk assets. But a softer-than-expected CPI could quickly flip the narrative and support a risk-on move.
For me, the key question isn't simply whether CPI rises or fallsâit is whether the number changes the Fed's rate expectations.
What do you think?
đ„ Bullish or đ» Bearish?
#CPIWatch #bitcoin #crypto #Fed #cpi
