đšđșđž US CORE CPI RISES 0.3% IN AUGUST
Inflation came in hotter than expected! đ
đ„ Core CPI: +0.3% MoM
đ Expected: +0.2%
đ Annual Core CPI: 2.4%
The hotter reading is increasing expectations for a Fed rate hike, which could create volatility across Bitcoin, Gold & traditional markets. â ïž
âż BTC traders: Watch the Fed closely!
đ„ Gold: Rate expectations remain a key driver.
đ” Dollar: Could gain support from tighter policy expectations.
đ Volatility may be just getting started.
#CPIdata #GOLD_UPDATE #BTCâ #Inflation
Inflation came in hotter than expected! đ
đ„ Core CPI: +0.3% MoM
đ Expected: +0.2%
đ Annual Core CPI: 2.4%
The hotter reading is increasing expectations for a Fed rate hike, which could create volatility across Bitcoin, Gold & traditional markets. â ïž
âż BTC traders: Watch the Fed closely!
đ„ Gold: Rate expectations remain a key driver.
đ” Dollar: Could gain support from tighter policy expectations.
đ Volatility may be just getting started.
#CPIdata #GOLD_UPDATE #BTCâ #Inflation