🔴 Bearish
🚨 US Inflation Rises to 3.7% in September 🚨
Latest data shows annual CPI inflation hit 3.7% for September, up from 3.4% in August, exceeding expectations. This persistent inflation will likely keep pressure on the Federal Reserve.
📊 Market Impact: Higher inflation fuels concerns of continued hawkish monetary policy, potentially leading to further downside pressure on risk assets like crypto.
#Inflation #Macro
🚨 US Inflation Rises to 3.7% in September 🚨
Latest data shows annual CPI inflation hit 3.7% for September, up from 3.4% in August, exceeding expectations. This persistent inflation will likely keep pressure on the Federal Reserve.
📊 Market Impact: Higher inflation fuels concerns of continued hawkish monetary policy, potentially leading to further downside pressure on risk assets like crypto.
#Inflation #Macro