$BTC
CPI data has been released, previous value 2.4%, expected 2.4%, published 2.3%.
This gives the Federal Reserve a way out; a rate cut in June is not impossible.
Lower than expected, a positive sign, but I actually think there is a bit of exaggeration here. After all, due to tariff grabs, the monthly rate of CPI has risen, and the core CPI data is the same.
This means the overall inflation rate has decreased for the third consecutive month.
Despite the trade war breaking out, inflation continues to decrease.
Still the same statement, everyone knows that the data the Federal Reserve is looking at is actually the inflation after tariffs, not before tariffs; the key is still the inflation data after tariffs are implemented.
So the current fluctuations might just be a correction before a rise; if tonight's data meets expectations, there should be a rise, and everyone should just buy on dips.
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