๐บ๐ธ US CPI UPDATE ๐
US CPI came in at 3.4% YoY, in line with expectations.
Core inflation also remained broadly in line with forecasts, keeping traders focused on the underlying inflation trend rather than the headline number alone.
Markets are now closely watching the Fedโs September decision. With inflation showing signs of cooling but still above the Fedโs 2% target, rate-cut expectations remain highly sensitive to upcoming economic data.
The key question now is whether inflation continues to cool enough to give the Fed more room to ease policy.
๐ For crypto traders, the next moves in the dollar, Treasury yields and Fed expectations could remain important for volatility.
#cpi #Fed #crypto #bitcoin #Inflation
US CPI came in at 3.4% YoY, in line with expectations.
Core inflation also remained broadly in line with forecasts, keeping traders focused on the underlying inflation trend rather than the headline number alone.
Markets are now closely watching the Fedโs September decision. With inflation showing signs of cooling but still above the Fedโs 2% target, rate-cut expectations remain highly sensitive to upcoming economic data.
The key question now is whether inflation continues to cool enough to give the Fed more room to ease policy.
๐ For crypto traders, the next moves in the dollar, Treasury yields and Fed expectations could remain important for volatility.
#cpi #Fed #crypto #bitcoin #Inflation
