DECEMBER RATE HIKE LOOKS ALMOST CERTAIN!
CPI came in hotter than expected, crushing hopes of a Fed pause.
Headline CPI: 0.4% vs 0.3% expected.
Core CPI: 0.3% vs 0.2% expected.
25 bps hike odds were already at 99% before the report.
Inflation isn’t cooling fast enough, and the Fed has another reason to stay aggressive.
Bad news for $BTC , $ETH and the entire crypto market.
CPI came in hotter than expected, crushing hopes of a Fed pause.
Headline CPI: 0.4% vs 0.3% expected.
Core CPI: 0.3% vs 0.2% expected.
25 bps hike odds were already at 99% before the report.
Inflation isn’t cooling fast enough, and the Fed has another reason to stay aggressive.
Bad news for $BTC , $ETH and the entire crypto market.
