$ETH
📉CPI data cools, the Fed's interest rate cuts gain traction! But why is the market not celebrating? 🤔
Last night, the U.S. November CPI data was significantly lower than expected, which should have ignited interest rate cut expectations completely 🔥 But strangely, stock index futures had limited gains, and U.S. Treasury yields even rebounded from their lows…
The 'Fed's megaphone' also pointed out that there are statistical method concerns regarding the data, but this may precisely provide key arguments for the doves 💡
Some analysts believe that if subsequent economic data also shows weakness, the reasons for the Fed to cut rates will be more compelling.
$币安人生
What is the market waiting for?
Perhaps it's waiting for more data validation before the January decision. But in any case, the general direction of cooling inflation may have paved the way for liquidity easing.
Besides mainstream assets, recently, the little puppy PUPP IES 🐶, which has gained attention on Ethereum due to community enthusiasm, is quietly developing.
Do you think the cooling CPI is a 'real positive,' or just a 'smoke screen' for the market?
