uspayroll

🚨 CPI Is Coming - Fed Hike or Hold? 🚨

NFP came in stronger than expected, so now all eyes are on CPI. This is where things get interesting.

Personally, I’m leaning toward a Fed hold rather than an immediate rate hike. A strong jobs report definitely keeps inflation concerns alive, but I think the Fed will want more evidence from CPI before making another move. If CPI comes in softer than expected, I could see risk assets getting some relief.

That brings me to my second view: I’m cautiously bullish on BTC and the broader crypto market. If inflation cools and rate-hike fears fade, Bitcoin could benefit from renewed risk appetite. But if CPI comes in hot, I wouldn’t be surprised to see another sharp pullback before the next move.

For me, the CPI reaction matters more than simply whether the number beats or misses expectations.

Fed: Hold 📌
Market: Cautiously Bullish

What’s your call, Hike or Hold? Bullish or Bearish?

#CPIWatch #Fedhike #USPayroll #cpi

#USPayroll
April US Nonfarm Payrolls: +115K, surpassing all major bank forecasts.

- Unemployment rate: steady at 4.3%
- Average hourly earnings: +0.2% m/m, +3.8% y/y

Top forecast range: -15K (Citi) to +100K (UBS, HSBC), highlighting ongoing uncertainty in the US labor market and Fed outlook.