๐จ CPI JUST DROPPED HARDER THAN EXPECTED โ THE USD IS FEELING IT ๐
The latest CPI data surprised the market ๐
๐น CPI came in at 2.7%, well below the 3.1% forecast
๐น Core CPI at 2.6%, also lower than expected
This confirms one thing clearly โฌ๏ธ
Inflation is cooling faster than the market anticipated.
๐ Why this matters
๐ธ Lower inflation = less pressure on the Fed
๐ธ Increases the probability of rate cuts or a dovish stance
๐ธ Puts downward pressure on the USD
๐ธ Creates a more favorable environment for risk assets & altcoins
However โ ๏ธ
Investors are still cautious because the BLS has not released monthly changes for some categories due to missing October data.
Upcoming PCE reports will be key to confirming this trend.
๐ Bottom line
Cooling CPI is a constructive macro signal, but confirmation is still needed.
If upcoming data aligns, altcoins could move before the crowd reacts.
Stay alert. This is how macro shifts quietly set up bigger moves. ๐
#CPIWatch #BinanceBlockchainWeek #USJobsData #CryptoRally #CPIdata
