🔥 FED HIKE OR HOLD? CPI COULD DECIDE IT ALL
The Fed is in a tough spot right now.
The U.S. jobs report came in stronger than expected, while PPI showed inflation is still sticky. Because of that, markets have increased the odds of a 25 bps Fed rate hike next week.
But there’s one big piece missing: CPI.
August CPI is expected to show around 3.4% YoY inflation, with core CPI around 0.2% MoM. If CPI comes in hotter than expected, the Fed could have an even stronger reason to hike.
For crypto, that’s a warning sign. 📉
My current bias: slightly bearish until CPI proves inflation is cooling.
🔥 Hot CPI = more hawkish Fed = pressure on BTC
🚀 Cool CPI = softer Fed expectations = bullish relief
Today’s CPI could set the tone for the entire crypto market.
#CPIWatch #crypto
The Fed is in a tough spot right now.
The U.S. jobs report came in stronger than expected, while PPI showed inflation is still sticky. Because of that, markets have increased the odds of a 25 bps Fed rate hike next week.
But there’s one big piece missing: CPI.
August CPI is expected to show around 3.4% YoY inflation, with core CPI around 0.2% MoM. If CPI comes in hotter than expected, the Fed could have an even stronger reason to hike.
For crypto, that’s a warning sign. 📉
My current bias: slightly bearish until CPI proves inflation is cooling.
🔥 Hot CPI = more hawkish Fed = pressure on BTC
🚀 Cool CPI = softer Fed expectations = bullish relief
Today’s CPI could set the tone for the entire crypto market.
#CPIWatch #crypto
