CPIdata

Another macro Thursday just dropped, and the twin data points everyone's watching — U.S. CPI and jobless claims — are flashing key signals. Spoiler: Volatility ahead. 👀
Let’s break it down:
🧮 CPI: Inflation Cools… But Not Enough?
📉 The Consumer Price Index (CPI) for March came in at +3.5% YoY, slightly hotter than the Fed’s 2% target and even edging above analyst expectations.
Core CPI (ex-food & energy): +3.8%Sticky services inflation remains the Fed’s biggest headache
🔥 Translation: Inflation isn’t dead yet. That puts rate cut hopes further out on the calendar.
📉 Jobless Claims Tick Up
🧑‍💼 Initial jobless claims rose to 228K last week — slightly higher than the 215K forecast.
Suggests some softening in the labor marketBut nothing drastic enough to spook policymakers
🪙 For markets, it’s the classic dance: weak enough to beg for a cut, strong enough to delay it.
📉 Impact on Crypto Markets
Here’s how this macro mix is hitting crypto:
Bitcoin dips below $70K briefly as CPI beats forecastAltcoins red across the board, with DeFi tokens showing larger drawdowns📉 Traders recalibrate rate cut odds: June now off the table?
🧠 Remember: Hawkish macro = stronger dollar = pressure on crypto (in the short term)
🏦 What the Fed Might Do
After today’s data, markets are pricing in:
Just 1 rate cut in 2024, down from 3 earlier this year
📅 September is now the new hopeful timeline for a policy shift
Until then? Expect more sideways chop with macro volatility ruling intraday moves.
🚨 What Traders Should Watch
🔔 Next big catalyst: FOMC Meeting (May)
📅 Watch for: Fed’s tone on inflation, unemployment trends, and rate cut timelines
📊 Positioning tip: This is a “fade the extreme reactions” market — until we get real clarity.
📈 Final Take
The Fed’s walking a tightrope, and crypto’s along for the ride. With inflation proving sticky and jobs data starting to wobble, markets are left guessing — and guessing markets are volatile markets.
📢 Are we still in “higher for longer” territory? Or will macro pain force the Fed’s hand? Drop your take below 👇


#CPIdata #FOMCUpdate #BinanceSquare #CPI&JoblessClaimsWatch

CPI inflation, Powell's testimony in focus!🧐
🏆Focus was now squarely on the consumer price index, due for release on Wednesday, amid concerns that Trump's tariffs policies will add inflationary pressures to the world’s largest economy.
🌆The inflation gauge is projected to show that headline consumer price growth cooled on a month-on-month basis in January and equaled December's annualized pace.
So-called core inflation, which strips out more volatile items like food and fuel, is tipped to accelerate slightly from the prior month.
In December, consumer prices rose by 2.9% year-on-year, above the central bank's target level of 2%.
Meanwhile, Fed Chair Jerome Powell is facing questions today as he testifies to Congressional committees. He will do so again on Wednesday.
In his prepared testimony, Powell said the Federal Reserve does "not need to be in a hurry to adjust our policy stance."📊
#CPIdata #CPIReport #CPIInsights #BTCvsInflation #ConsumerPrices