US Core CPI just came in at 2.6%—beating the expected 2.7% estimate. Softer inflation numbers like these could have Powell reconsidering the Fed's rate strategy. With the Fed chair heading into the office this morning, market participants are already pricing in the implications. Better-than-expected inflation data typically favors risk assets and could spark renewed interest in crypto markets.
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NotFinancialAdvice
· 9h ago
Is the inflation data improving? Is Bitcoin about to take off again?
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BearMarketMonk
· 10h ago
Inflation data looks better, and the market is starting to dream again. How long can this wave last? History tells us the answer.
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BlockchainTalker
· 10h ago
actually, let's break this down—if cpi prints softer than expected, we're not just seeing numbers on a screen, we're watching the fed's entire game theory shift in real time. powell walks in and suddenly every risk asset gets revalued through this new lens. crypto's been waiting for this exact scenario tbh
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Blockchainiac
· 10h ago
Wow, 2.6 is here. Now Powell has to rethink things.
US Core CPI just came in at 2.6%—beating the expected 2.7% estimate. Softer inflation numbers like these could have Powell reconsidering the Fed's rate strategy. With the Fed chair heading into the office this morning, market participants are already pricing in the implications. Better-than-expected inflation data typically favors risk assets and could spark renewed interest in crypto markets.