Inflation isn't accelerating everywhere, but the monthly core CPI reading raises questions.
August headline CPI held at 3.4% YoY and increased 0.4% MoM, both as expected. Core CPI rose 0.3% MoM against the 0.2% forecast, while annual core inflation eased to 2.4%.
That combination keeps the outlook mixed.
Higher-for-longer expectations could strengthen DXY and create short-term pressure across $BTC and $XAU as traders reassess the next Fed decision.
#CPI #BingX #Crypto #BTC Price Analysis# #Gold
August headline CPI held at 3.4% YoY and increased 0.4% MoM, both as expected. Core CPI rose 0.3% MoM against the 0.2% forecast, while annual core inflation eased to 2.4%.
That combination keeps the outlook mixed.
Higher-for-longer expectations could strengthen DXY and create short-term pressure across $BTC and $XAU as traders reassess the next Fed decision.
#CPI #BingX #Crypto #BTC Price Analysis# #Gold
