Today's CPI Preview
The U.S. Consumer Price Index (CPI) report drops at 15:30. Inflation is expected to remain steady at 2.4%, the same as in March.
Here’s what to watch for:
🔴 CPI Above 2.4%
This would likely weigh on markets in the short term. Since the previous report came in below expectations, a hotter print now could spark concerns and delay rate cuts — a negative signal for risk assets.
🟠 CPI at 2.4%
A match with expectations may support continued market gains. Bullish sentiment is still strong, so stability here could give it a further boost.
🟢 CPI Below 2.4%
The most favorable outcome. A cooler-than-expected reading would increase the chances of rate cuts this year — potentially pushing $BTC and altcoins higher.
#CryptoCPIWatch #TradeLessons #CryptoRoundTableRemarks #BinanceAirdropNXPC #TradeStories