๐บ๐ธ US #CPIๆฐๆฎ IS EXPECTED TO RELEASE TODAy
THE EXPECTATIONS ARE OF 2.4% WHILE THE LAST MONTH CPI WAS ALSO 2.4%
ย HERE ARE A FEW SCENARIOSย :
1) CPI > 2.4%
ย THIS WILL BE SHORT-TERM BEARISH FOR THE MARKETS, GIVEN THAT THE LAST TIME CPI DATA CAME LOWER THAN EXPECTATIONS.ย
HIGHER THAN EXPECTED CPI WILL FURTHER DELAY THE RATE CUT DECISION, WHICH ISN'T GOOD FOR RISK-ON ASSETS.
ย 2) CPI = 2.4%
IN THIS SCENARIO, THE MARKET WILL PUMP, BECAUSE THE OVERALL MARKET MOMENTUM IS BULLISH.
3) CPI < 2.4%
THIS IS THE BEST SCENARIO AND WILL PUMP $BTC AND #altcoins $ETH .
A LOWER THAN EXPECTED #CPI_DATA WILL INCREASE CHANCES OF MORE RATE CUTS THIS YEAR.ย