🚨 U.S. CPI Comes In Hotter Than Expected🩸
The latest Consumer Price Index (October) rose 0.4% month-over-month, above the 0.3% consensus forecast.
Core CPI (excluding food and energy) also increased 0.3%.
While still above the Fed’s 2% target, the print continues a recent pattern of elevated monthly gains rather than a sudden spike to extreme levels. Markets will now focus on how Chair Kevin Warsh and the FOMC interpret the data ahead of the next policy decision.
What’s your view on the impact for risk assets and $BTC /$ETH /$SOL ? 👀
The latest Consumer Price Index (October) rose 0.4% month-over-month, above the 0.3% consensus forecast.
Core CPI (excluding food and energy) also increased 0.3%.
While still above the Fed’s 2% target, the print continues a recent pattern of elevated monthly gains rather than a sudden spike to extreme levels. Markets will now focus on how Chair Kevin Warsh and the FOMC interpret the data ahead of the next policy decision.
What’s your view on the impact for risk assets and $BTC /$ETH /$SOL ? 👀
