#CryptoCPIWatch The US CPI report is about to drop, and markets are on edge. Here's the lowdown:
- Inflation Expectations: 2.9% YoY (down from 3.0%), with core CPI at 3.2% (down from 3.3%).
- Fed Rate Cuts: A softer inflation print could mean rate cuts starting June/July, while higher inflation might keep rates steady.
- Crypto Impact: Lower inflation = bullish for crypto, higher inflation = bearish.
- Trade Policy Uncertainty: Trump's tariffs could reignite inflation, keeping the Fed cautious.
- Market Volatility: Expect wild swings in crypto, stocks, and the US dollar, with investors on high alert.
The CPI report will be a major catalyst for markets. Will inflation cool down, or will it stay hot? The outcome will shape the Fed's policy and market sentiment.