The US CPI data is scheduled for release today at 8:30 AM ET, which translates to 6:00 PM PKT (Pakistan Standard Time). Here's what you can expect based on market predictions:
- CPI Higher Than 2.4%: Market downturn possible, potential delay in rate cuts.
- CPI Exactly 2.4%: Market might surge, bullish momentum expected to continue.
- CPI Lower Than 2.4%: Market could skyrocket, potential boost for BTC and altcoins.
Given the current market expectations, this week might see a bullish trend. Keep an eye on the CPI data release today for potential market movements.
