#CryptoCPIWatch
📊 Inflation Slides, Markets Ride — But Tariff Storm Looms!
🧾 U.S. Jobless Claims ticked up to 223K last week (+4K), in line with forecasts — yet continuing claims dropped to 1.85M, signaling a steady job market.
📉 March CPI cools to 2.4% (vs 2.5% est), and Core CPI eases to 2.8% — the lowest since March 2021!
Energy costs dipped, food crept up, and used cars got cheaper. Inflation’s cooling… for now.
⚡BUT: A 125% tariff bomb on Chinese imports could reignite price pressure soon!
📉 Dollar dives to YTD low, powering risk assets higher.
📈 S&P 500 rockets 5.6% after Trump delays most tariffs (except China!).
⚠️ Powell’s on alert: Inflation risks rising, no Fed pivot just yet.
Next move? All eyes on the data… and the dragon.
