📅 A crucial week for interest rates—the upcoming figures could move the market sharply
After a difficult week, the market is heading into a week packed with inflation data and Fed speeches, with the probability of a December rate hike around 75–80%.
📌 Tuesday, November 10: CPI, the last inflation reading before the Fed’s decision on December 9
📌 Friday, November 13: PPI
🔴 If CPI and PPI come in higher than expected, the market may price in a rate hike more aggressively, which could trigger another sell-off.
🟢 If they come in lower than expected, the probability of a rate hike will fall, and we may see relief and a rally.
⚠️ $BTC and the market overall may start pricing in and preparing for these events in advance. Therefore, we may see sharp price movements.
#CPITestsDecemberRateOutlook
#CPIWatch
#CryptoNews
After a difficult week, the market is heading into a week packed with inflation data and Fed speeches, with the probability of a December rate hike around 75–80%.
📌 Tuesday, November 10: CPI, the last inflation reading before the Fed’s decision on December 9
📌 Friday, November 13: PPI
🔴 If CPI and PPI come in higher than expected, the market may price in a rate hike more aggressively, which could trigger another sell-off.
🟢 If they come in lower than expected, the probability of a rate hike will fall, and we may see relief and a rally.
⚠️ $BTC and the market overall may start pricing in and preparing for these events in advance. Therefore, we may see sharp price movements.
#CPITestsDecemberRateOutlook
#CPIWatch
#CryptoNews
