๐จ BREAKING ๐จ
๐บ๐ธ U.S. CPI Data Just Dropped!
๐ Core CPI (MoM): 0.2% โ In line with expectations (Prev: 0.3%)
๐ CPI (YoY): 2.5% โ Exactly as forecast
Inflation came right on target, which means markets may stay stable for now.
For crypto traders this is important because stable inflation increases the chances of a bullish environment for risk assets like $BTC and $ETH .
๐ Now the market is watching the Fedโs next move on interest rates.
Volatility could be coming.