👀👀 CPI Data Comes in Bearish!👇👇

Jobless Claims Show a Bullish Trend!

With the latest data release, expectations are growing that the Federal Reserve will cut interest rates further, increasing the likelihood of a 25-point rate cut in November.

This comes at a pivotal moment for Harris and the Democratic Party, as they face mounting voter dissatisfaction over rising prices. Notably, this is the last CPI report before the election, making its impact even more significant.

As for the crypto markets, all eyes are on tonight’s US stock market opening. Inflation was reported at 2.4%, slightly above the expected 2.3%, raising the probability of a market rally.

The big question now: Will the crypto market follow the US stock market’s lead this time?

Stay tuned for the outcome!

#BinanceLaunchpoolSCR #USRateCutExpected #SCRLaunchpoolStarts! #moonbix