CPI data will be released tonight, pulling data from the past six months.
Interestingly, the market expectations during the Dengzi period were quite accurate, but the expectations for the two months after Trump took office (January 20) were consistently higher than the actual values. The consensus expectation for April was 2.4%, while the real-time price tracking by Truflation predicted 2.3%.
If this deviation continues, it can only be said that analysts still have some opinions about Trump 🤪.
Additionally, if the CPI really decreases this quickly, the cryptocurrency prices may not necessarily rise, but the guaranteed U mining yields based on government bonds (Coinbase/MakerDAO) will definitely drop 😅.