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CPI DATA WAS TOO GOOD FOR ALL MARKETS BUT TRUMP CHINA DEAL 🤝 ONCE AGAIN CREATING CONFUSION
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🚨US May #CPI Report is Out! 🚨 The latest inflation data has just been released: 👉 CPI YoY Growth (Inflation): • Previous: 2.3% • Actual: 2.4% • Expected: 2.5% 👉 Core CPI YoY Growth (Excluding Food & Energy): • Previous: 2.8% • Actual: 2.8% • Expected: 2.9% Lower-than-expected inflation points to easing price pressures, which could lead to: Reduced likelihood of aggressive interest rate hikes by the Federal Reserve. A more favorable environment for crypto as investors seek growth opportunities. For crypto enthusiasts, this could mark a shift toward a more bullish market sentiment.
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BREAKING: A Federal Appeals court has granted the Trump Administration’s request to keep President Trump's tariffs in effect. However, the court will be fast-tracking its consideration of the case on whether the tariffs are legal.
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