#hotcpidecemberhikepriced Important facts to remember 📊
Indicator — Reported Figure:
• US Monthly CPI (October): 0.4% MoM (vs 0.3% forecast)
• US Monthly CPI (September): 0.6% MoM
• US Core CPI (October): 0.3% MoM (3rd straight month at 0.3%)
• Estimated Annual CPI (October): ~4.0% YoY
• US Annual CPI (September): 3.7% YoY
• Shelter Costs: +0.3% MoM (over 30% of the monthly CPI increase)
• Current Fed Funds Target: 3.75% – 4.00%
• December 9 FOMC Hike Odds: ~85% for 25bp | ~15% for 50bp
While 2Y Treasury yields jumped 14bp on the print, crypto and AI tech leaders are showing strong divergence as $BTC holds $74,359 (+1.87%) and $ETH climbs to $2,085.59 (+3.09%).
Indicator — Reported Figure:
• US Monthly CPI (October): 0.4% MoM (vs 0.3% forecast)
• US Monthly CPI (September): 0.6% MoM
• US Core CPI (October): 0.3% MoM (3rd straight month at 0.3%)
• Estimated Annual CPI (October): ~4.0% YoY
• US Annual CPI (September): 3.7% YoY
• Shelter Costs: +0.3% MoM (over 30% of the monthly CPI increase)
• Current Fed Funds Target: 3.75% – 4.00%
• December 9 FOMC Hike Odds: ~85% for 25bp | ~15% for 50bp
While 2Y Treasury yields jumped 14bp on the print, crypto and AI tech leaders are showing strong divergence as $BTC holds $74,359 (+1.87%) and $ETH climbs to $2,085.59 (+3.09%).
