📊 Release of U.S. Consumer Price Index (CPI) data just now:
📊 Annual CPI (YoY):
🔍 Forecast: 2.5%
✅ Previous: 2.3%
📌 Actual: 2.4% (below expectations)
📊 Monthly CPI (MoM):
🔍 Forecast: 0.2%
✅ Previous: 0.2%
📌 Actual: 0.1% (below expectations)
📊 Annual Core CPI (YoY):
🔍 Forecast: 2.9%
✅ Previous: 2.8%
📌 Actual: 2.8% (matching)
📊 Monthly Core CPI (MoM):
🔍 Forecast: 0.3%
✅ Previous: 0.2%
📌 Actual: 0.1% (below expectations)
🧠 General reading:
🔻 The numbers came in lower than expectations for the most part, reflecting a slowdown in inflation, which may strengthen the likelihood of interest rate cuts by the Fed in the coming months.
💥 Impact on the cryptocurrency market:
✔️ Markets show initial relief with improved risk appetite.
✔️ Bitcoin and Ethereum may see positive momentum in the coming hours with liquidity flowing towards alternative assets.
📌 Follow market movements closely, and monitor resistance breakouts for further confirmation of the trend.
#CPI #CryptoNews #Bitcoin #Ethereum #Inflation #Fed #العملات_الرقمية