#CryptoCPIWatch The CPI report shows inflation is slowly going down - from 3.0% to 2.9%, with core inflation falling from 3.3% to 3.2%.
This is good news, but progress is still slow. The Fed will watch these numbers closely before cutting interest rates.
Lower inflation usually helps crypto markets and stocks because cheaper borrowing costs make investors more willing to buy riskier assets.
If inflation keeps cooling, we might see better performance in crypto markets, but don't expect dramatic changes overnight. The Fed will be careful about moving too quickly.