🔥 US CPI 3.4% — WHAT DOES IT MEAN FOR THE MARKET?
CPI came in at 3.4%, exactly as expected. So far, there’s no major inflation surprise. 📊
The good news? Inflation is slowly cooling, but it’s still well above the Fed’s 2% target. So I wouldn’t expect aggressive rate cuts just yet.
For crypto, this is neutral to slightly bullish. At least there’s no fresh inflation shock putting pressure on risk assets. 👀
Now the real question is: Can inflation finally break below 3%, or are we stuck in the 3–4% range?
👉 A sustained move below 3% could be a big catalyst for crypto. 🚀📈