Why is everyone talking about CPI today? 🤔 Let me explain it simply.
CPI is the Consumer Price Index in the U.S.—basically, a measure of inflation. October’s figures come out today, and we’ll also hear from Fed member Christopher Waller.
In short:
🔹 Higher-than-expected inflation = the Fed may stay hawkish on interest rates = pressure on $BTC and high-risk assets.
🔹 Lower-than-expected inflation = relief for the market and possibly a rebound.
But keep in mind: the first few minutes after the news can be chaotic, with long candles and liquidations in both directions. Many people lose money simply because they trade with leverage right when the news hits.
Not financial advice.
Do you expect the number to come in higher or lower than expected?
#BinanceSquare #CPI #Macro
CPI is the Consumer Price Index in the U.S.—basically, a measure of inflation. October’s figures come out today, and we’ll also hear from Fed member Christopher Waller.
In short:
🔹 Higher-than-expected inflation = the Fed may stay hawkish on interest rates = pressure on $BTC and high-risk assets.
🔹 Lower-than-expected inflation = relief for the market and possibly a rebound.
But keep in mind: the first few minutes after the news can be chaotic, with long candles and liquidations in both directions. Many people lose money simply because they trade with leverage right when the news hits.
Not financial advice.
Do you expect the number to come in higher or lower than expected?
#BinanceSquare #CPI #Macro
