CryptoRoundTableRemarks
🚨 Breaking: Surprise in U.S. Inflation Data — Green Light for Fed Rate Cuts?
Fresh U.S. inflation data just dropped, showing a bigger-than-expected decline — potentially giving the Federal Reserve the green light to cut interest rates sooner than anticipated.
🔹 Core CPI (YoY) rose 2.4%, below the forecast of 2.5%
🔹 Core CPI (MoM) increased just 0.1%, under the expected 0.2%
Meanwhile, the broader Core CPI for May (excluding food & energy) also came in softer than expected: 🔸 YoY: 2.8% (vs 2.9% expected)
🔸 MoM: 0.1% (vs 0.3% expected)
📉 Market Reaction & Fed Outlook:
This cooling inflation print has boosted expectations for a rate cut as early as September. Traders are now pricing in two rate cuts in 2025 as the Fed looks to pivot in response to softer price pressures.
Stay tuned — the macro landscape is shifting fast, and crypto markets are watching closely.