CPI has been released.

So what should traders watch next?

The Fed.

The market has already reacted to the inflation data, and expectations for a rate hike have increased significantly. �

Reuters +1

But here's the twist:

The Fed meeting itself may not be the biggest event.

The biggest move could come from the Fed’s guidance.

Imagine the Fed hikes rates but signals that it may stop after one move.

That could create a completely different reaction from a Fed that suggests further tightening is necessary.

This is why experienced traders don't only watch the headline.

They watch the words after the headline.

For me, the interesting question is:

Will the Fed focus more on inflation… or start worrying about growth?

That balance could decide the next major market narrative.

What are you expecting?

#CPIWatch #Fed $BTC #CryptoTrading #Markets

Disclaimer: Personal opinion only. Not financial advice. DYOR.