#CPITestsDecemberRateOutlook 📊 US inflation could determine the Fed’s next move in December.
The market is watching the upcoming US CPI data, which could significantly change expectations for the Federal Reserve’s monetary policy.
After a stronger-than-expected jobs report, bets that the Fed could raise interest rates again in December have increased. Market expectations currently point to a roughly 75% to 80% chance of another 0.25 percentage point hike.
In my view, the next CPI report will be crucial to understanding how far this pressure could go.
If inflation comes in above expectations, we could see the dollar and US Treasury yields strengthen, increasing pressure on Bitcoin and other risk assets.
On the other hand, more moderate figures could bring some relief and pave the way for a recovery in the crypto market.
My strategy is to monitor the data before making any hasty decisions. Right now, inflation and the Fed’s signals deserve just as much attention as the charts.
December could bring a major shift for the markets. The next CPI report will be a crucial test.
#CPI #FederalReserve #US #CryptoMarket
$MET $ACT
The market is watching the upcoming US CPI data, which could significantly change expectations for the Federal Reserve’s monetary policy.
After a stronger-than-expected jobs report, bets that the Fed could raise interest rates again in December have increased. Market expectations currently point to a roughly 75% to 80% chance of another 0.25 percentage point hike.
In my view, the next CPI report will be crucial to understanding how far this pressure could go.
If inflation comes in above expectations, we could see the dollar and US Treasury yields strengthen, increasing pressure on Bitcoin and other risk assets.
On the other hand, more moderate figures could bring some relief and pave the way for a recovery in the crypto market.
My strategy is to monitor the data before making any hasty decisions. Right now, inflation and the Fed’s signals deserve just as much attention as the charts.
December could bring a major shift for the markets. The next CPI report will be a crucial test.
#CPI #FederalReserve #US #CryptoMarket
$MET $ACT
