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Breaking News! 🎉 CPI unexpectedly dropped! Are interest rate cut expectations completely ignited? 😰
The recently released data shows that the annual CPI for the U.S. in November is only 2.7%, significantly lower than the expected 3.1%! Core CPI is also only 2.6% 💥
As soon as the data was released, the market immediately 'bet' on an increased probability of the Fed cutting rates in January! White House economic advisor Hassett also quickly chimed in: The Fed still has significant room for rate cuts!
Meanwhile, U.S. stocks opened, and crypto concept stocks celebrated collectively, with multiple stocks rising over 6% 🚀 This indicates that the expectation of liquidity easing is once again dominating market sentiment.
For the crypto market, this is undoubtedly a positive signal, notably with the project that has gained attention in the community due to the Musk effect—Little~Puppy~PUPPIES🐕, whose market attention is worth noting.
Do you think the warming of interest rate cut expectations will become the 'catalyst' for a new market trend?
