#CryptoCPIWatch
Today’s CPI Forecast: What to Expect
The Consumer Price Index (CPI) report today is expected to show moderate inflation, likely rising around 0.3% for the month and 3.4% year-over-year. While inflation is still above the Federal Reserve's 2% target, it's gradually cooling compared to last year.
Core CPI (which excludes food and energy) is expected to rise slightly faster, reflecting sticky prices in housing and services. If the numbers come in higher than expected, markets might pull back as traders brace for interest rates to stay high. On the flip side, lower CPI could spark a crypto and stock rally.
Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and XRP are all trading cautiously ahead of the data.