๐Ÿšจ U.S. CPI Comes In Hotter Than Expected๐Ÿฉธ
The latest Consumer Price Index (October) rose 0.4% month-over-month, above the 0.3% consensus forecast.
Core CPI (excluding food and energy) also increased 0.3%.
While still above the Fedโ€™s 2% target, the print continues a recent pattern of elevated monthly gains rather than a sudden spike to extreme levels. Markets will now focus on how Chair Kevin Warsh and the FOMC interpret the data ahead of the next policy decision.
Whatโ€™s your view on the impact for risk assets and $BTC /$ETH /$SOL ? ๐Ÿ‘€