⚠️ JUST IN: US CPI Rises 0.4% in October, Beating 0.3% Estimates
Key Points:
✅ Hotter than expected: October CPI came in at 0.4% vs. 0.3% forecast.
✅ Cooling down slightly: Down from September's 0.6% rise.
⚠️ Data Gap: No YoY data this month due to the 2025 shutdown gap.
📉 Rate Hikes: Markets are pricing a 98.9% chance of a 25bps hike in December.
The data suggests inflation isn't dead yet. Expect volatility in the markets. Stay safe and manage your risk!
#BitcoinNews #CPI_DATA
Key Points:
✅ Hotter than expected: October CPI came in at 0.4% vs. 0.3% forecast.
✅ Cooling down slightly: Down from September's 0.6% rise.
⚠️ Data Gap: No YoY data this month due to the 2025 shutdown gap.
📉 Rate Hikes: Markets are pricing a 98.9% chance of a 25bps hike in December.
The data suggests inflation isn't dead yet. Expect volatility in the markets. Stay safe and manage your risk!
#BitcoinNews #CPI_DATA
