🚨🇺🇸 US CORE CPI RISES 0.3% IN AUGUST
Inflation came in hotter than expected! 📊
🔥 Core CPI: +0.3% MoM
📈 Expected: +0.2%
📉 Annual Core CPI: 2.4%
The hotter reading is increasing expectations for a Fed rate hike, which could create volatility across Bitcoin, Gold & traditional markets. ⚠️
₿ BTC traders: Watch the Fed closely!
🥇 Gold: Rate expectations remain a key driver.
💵 Dollar: Could gain support from tighter policy expectations.
👀 Volatility may be just getting started.
#CPIdata #GOLD_UPDATE #BTC☀ #Inflation
Inflation came in hotter than expected! 📊
🔥 Core CPI: +0.3% MoM
📈 Expected: +0.2%
📉 Annual Core CPI: 2.4%
The hotter reading is increasing expectations for a Fed rate hike, which could create volatility across Bitcoin, Gold & traditional markets. ⚠️
₿ BTC traders: Watch the Fed closely!
🥇 Gold: Rate expectations remain a key driver.
💵 Dollar: Could gain support from tighter policy expectations.
👀 Volatility may be just getting started.
#CPIdata #GOLD_UPDATE #BTC☀ #Inflation