🇺🇸 CPI hits 3.4% - right on expectations, no surprise
Previous: 3.4%
Expected: 3.4%
Actual: 3.4%
Market already priced this in. Watch for how $BTC and risk assets react in next few hours - if we pump on "as expected" data, that's bullish confirmation. If we dump, means traders were front-running a lower print.
Fed's still not cutting rates anytime soon with inflation sticky at these levels. Stay liquid.
Previous: 3.4%
Expected: 3.4%
Actual: 3.4%
Market already priced this in. Watch for how $BTC and risk assets react in next few hours - if we pump on "as expected" data, that's bullish confirmation. If we dump, means traders were front-running a lower print.
Fed's still not cutting rates anytime soon with inflation sticky at these levels. Stay liquid.