#CPIWatch
refers to a tracking of the Consumer Price Index (CPI) and its impact on financial markets, especially in the cryptocurrency market.
The CPI measures inflation, which in turn affects the decisions of central banks.
interest rates and ultimately market sentiment and investor behavior.
Tracking the CPI is important for several reasons:
Impact on inflation:
The CPI is a key indicator of inflation, which affects the purchasing power of consumers and can influence investment decisions.