🇺🇸 USA GOVERNMENT SHUTDOWN BLOCKS DATA, SEPTEMBER CPI WILL BE DECISIVE FOR THE FED AND BITCOIN 🇺🇸
In the United States, the temporary government shutdown has blocked much of the official publication of economic data, creating an information void for analysts and the Federal Reserve.
However, the September CPI, scheduled by the Bureau of Labor Statistics for Friday, October 24, represents a decisive exception: it will be the only significant macro data available in this context.
A monthly value of the consumer price index around 0.2% could reinforce the narrative of a “soft landing” — that is, an economic slowdown without recession — and improve market sentiment, particularly for Bitcoin.
Contained inflation would indeed increase the likelihood that the Fed maintains a less aggressive monetary stance, boosting investor confidence in riskier assets.
As a result, BTC could benefit from an increase in demand and new capital flows.
