#CryptoCPIWatch The Federal Reserve has signaled caution on rate cuts, with Chair Jerome Powell stating last week that economic conditions remain "solid" but inflation must cool further before monetary easing is considered.

Markets have already priced in 85 basis points (bps) of rate cuts in 2025, but persistent inflation could force the Fed to maintain a hawkish stance. On the flip side, a softer inflation print could solidify expectations of rate cuts starting in June or July.