The aftereffects of August US CPI: the key isn’t the numbers themselves, but how they influence next week’s Federal Reserve meeting. Citing economist Win Thin, Wall Street Insights reports that the August CPI still appears not to have met the “inflation returning to 2%” standard proposed by Fed Governor Kevin Warsh. Even so, he still expects the Fed to raise rates next week, because the market has already priced in the move almost entirely. This means the rate decision itself may not be the biggest variable; what could truly shake the market is the post-meeting guidance and statements. If the action goes through and the wording turns hawkish, risk assets may continue to face pressure; if the tone softens, the previously overpacked pricing could also trigger a reverse swing. For the short term, investors are advised to control leverage and not go all-in one-sided ahead of the decision. #美联储 #CPI #Bitcoin