#CryptoCPIWatch The CPI report is a key indicator of inflation in the U.S. economy. It plays a major role in determining the monetary policy of the Federal Reserve, particularly in decisions regarding interest rates. If inflation is lower than expected, the Fed may be inclined to cut rates in the future - an outcome that generally supports risk assets like cryptocurrencies. However, if inflation is higher than expected, the market may react negatively due to fears of tighter financial conditions.