【US April Core CPI Year-on-Year Meets Expectations, But Traders Still Bet on Rate Cut in September】

The US April unadjusted core CPI year-on-year is 2.8%, in line with market expectations, remaining at the lowest level since March 2021. The US April adjusted core CPI month-on-month is 0.2%, below the market expectation of 0.3%.

Short-term interest rate futures in the US rose after the CPI data was released, as traders increased their expectations for a rate cut by the Federal Reserve.

However, traders still bet that the Federal Reserve will implement its first rate cut in September, with a second rate cut in October.

Bitcoin and Ethereum remain stable, with no volatility for now. As rate cuts are delayed, Yumi's rebound continues with Silk Road extending #CPI数据来袭 #加密圆桌会议要点 #Strategy增持比特币 #贸易战缓和 .