๐จ๐บ๐ธ US CORE CPI RISES 0.3% IN AUGUST
Inflation came in hotter than expected! ๐
๐ฅ Core CPI: +0.3% MoM
๐ Expected: +0.2%
๐ Annual Core CPI: 2.4%
The hotter reading is increasing expectations for a Fed rate hike, which could create volatility across Bitcoin, Gold & traditional markets. โ ๏ธ
โฟ BTC traders: Watch the Fed closely!
๐ฅ Gold: Rate expectations remain a key driver.
๐ต Dollar: Could gain support from tighter policy expectations.
๐ Volatility may be just getting started.
#CPIdata #GOLD_UPDATE #BTCโ #Inflation
Inflation came in hotter than expected! ๐
๐ฅ Core CPI: +0.3% MoM
๐ Expected: +0.2%
๐ Annual Core CPI: 2.4%
The hotter reading is increasing expectations for a Fed rate hike, which could create volatility across Bitcoin, Gold & traditional markets. โ ๏ธ
โฟ BTC traders: Watch the Fed closely!
๐ฅ Gold: Rate expectations remain a key driver.
๐ต Dollar: Could gain support from tighter policy expectations.
๐ Volatility may be just getting started.
#CPIdata #GOLD_UPDATE #BTCโ #Inflation