๐จ *BREAKING: U.S. CPI DATA COMES IN AT 2.4%* ๐บ๐ธ
The U.S. Consumer Price Index (CPI) for May 2025 rose by 2.4% year-over-year, slightly below the anticipated 2.5% increase.
*Why This Is Bullish:*
- *Inflation Cooling:* A lower-than-expected CPI suggests that inflation is moderating, which could ease pressure on the Federal Reserve to maintain higher interest rates.
- *Market Reaction:* Stock markets responded positively, with major indices hovering near record highs. Bond yields declined, reflecting increased investor confidence.
- *Crypto Implications:* Lower inflation can be favorable for risk assets like cryptocurrencies. Ethereum (ETH) is currently trading at 2,852.56, and Bitcoin (BTC) at109,483.00.
*Key Takeaway:* The softer inflation data is a positive sign for markets, potentially paving the way for more accommodative monetary policy and supporting asset prices.
