U.S. CPI data came in above expectations.
Headline inflation registered 0.4%, versus expectations of 0.3%, while core CPI was 0.3%, versus expectations of 0.2%.
Both figures came in hotter than expected, reinforcing the Fed’s hawkish outlook and potentially putting risk-off pressure on ES, NQ, and BTC.
Headline inflation registered 0.4%, versus expectations of 0.3%, while core CPI was 0.3%, versus expectations of 0.2%.
Both figures came in hotter than expected, reinforcing the Fed’s hawkish outlook and potentially putting risk-off pressure on ES, NQ, and BTC.