LATEST NEWS: THE US CPI HAS JUST MET EXPECTATIONS 🚨
Expected: 2.9%
Actual: 2.9%
This was the number that markets were waiting for.
Why it matters 👇
✦ The labor market is already weakening (revised payrolls down to 911,000, unemployment at 4.3%).
✦ The PPI and core PPI have already cooled drastically below expectations yesterday.
✦ The CPI matching expectations confirms that inflation is not re-accelerating and will cool further as the PPI is declining.
What this means:
➜ The Fed is still on track to cut rates in September, most likely by 25bps.
➜ Markets will not see panic, as the easing cycle is just beginning.
For Bitcoin and crypto 📈:
A confirmed rate-cutting path means liquidity will start to slowly expand.
Stocks rise first, but Bitcoin tends to run faster once cuts begin.
Alts may lag until BTC sets new highs, but a aligned CPI keeps the bullish cycle intact.
This is not the explosive signal like a lower CPI, but it still confirms that the Fed is moving towards relief and that supports the bullish market into the fourth quarter of 2025.
