NFP came in stronger than expected, and now all eyes are on CPI. The big question is: will the latest economic strength give the Fed enough reason to keep rates higher, or will they choose to hold and wait for more inflation data?
I’m watching CPI closely because a hotter-than-expected reading could push yields and the dollar higher and put pressure on risk assets. On the other hand, a softer CPI could strengthen expectations for easier Fed policy and support stocks and gold.
For me, the key is not to chase the first move. I’m staying cautious and watching price action after the CPI release before making a major decision.
Bullish or bearish? I’m leaning cautiously bullish on gold if inflation starts cooling, but volatility could be high.
What’s your view — Fed hike or hold? 👇
#CPIWatch #CPI #Fed #Gold #Stocks #Trading #crypto
I’m watching CPI closely because a hotter-than-expected reading could push yields and the dollar higher and put pressure on risk assets. On the other hand, a softer CPI could strengthen expectations for easier Fed policy and support stocks and gold.
For me, the key is not to chase the first move. I’m staying cautious and watching price action after the CPI release before making a major decision.
Bullish or bearish? I’m leaning cautiously bullish on gold if inflation starts cooling, but volatility could be high.
What’s your view — Fed hike or hold? 👇
#CPIWatch #CPI #Fed #Gold #Stocks #Trading #crypto
