🇺🇸 TODAY’S INFLATION DATA PUTS THE FED IN A TOUGH SPOT.

US CPI came in at 3.4%, matching expectations, while monthly inflation increased 0.3% vs. 0.2% expected.

The bigger positive? Core CPI eased to its lowest level since March, suggesting underlying price pressures may finally be cooling.

So what does this mean for markets? 👇

📉 Softer core inflation could support expectations for future Fed easing.
📈 A stronger monthly CPI print keeps the Fed cautious.
💵 The dollar, bonds, gold, stocks, and crypto could all react as traders reassess the rate outlook.

For crypto, the key question remains:

Will cooling core inflation be enough to bring back bullish liquidity expectations? 👀

The Fed still has a difficult balancing act ahead.

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