The latest US Inflation report shows headline CPI slowed to 0.4% in October, down from September’s 0.6% rise. However, core CPI—which excludes food and energy—rose 0.3% for the third consecutive month. 📊
Shelter costs accounted for over 30% of the headline increase, while energy rose 0.7% and food ticked up 0.5%. The core index's stubborn persistence highlights ongoing sticky inflation beneath the surface.
Before the release, Federal Reserve Governor Christopher Waller noted that a core CPI reading around 0.3% could keep a 50-basis-point December rate hike on the table. While a policy decision is not locked in, persistent core inflation maintains upward pressure on interest rate expectations.
Higher interest rates and tight monetary policy tend to restrict overall market liquidity, making traders cautious across traditional and crypto asset markets.
Is persistent core inflation already priced into crypto, or could a hawkish Fed trigger fresh market volatility? 👇
#CryptoNews #FedRateWatch #MacroEconomy #inflations
Shelter costs accounted for over 30% of the headline increase, while energy rose 0.7% and food ticked up 0.5%. The core index's stubborn persistence highlights ongoing sticky inflation beneath the surface.
Before the release, Federal Reserve Governor Christopher Waller noted that a core CPI reading around 0.3% could keep a 50-basis-point December rate hike on the table. While a policy decision is not locked in, persistent core inflation maintains upward pressure on interest rate expectations.
Higher interest rates and tight monetary policy tend to restrict overall market liquidity, making traders cautious across traditional and crypto asset markets.
Is persistent core inflation already priced into crypto, or could a hawkish Fed trigger fresh market volatility? 👇
#CryptoNews #FedRateWatch #MacroEconomy #inflations