Tonight at 20:30, the US CPI data will be released. Are you ready?
In terms of market expectations, previously, the "Federal Reserve's mouthpiece" Nick Timiraos predicted that the core CPI could rise to 3.1%, far exceeding current expectations, raising concerns.
Impact of data on the market
1. If CPI exceeds expectations, inflation pressure will increase, expectations for Federal Reserve interest rate hikes will rise, funds will lean towards low-risk assets, market funds will flow out, and prices may fall.
2. If CPI is below expectations, inflation pressure will ease, the likelihood of rate hikes will decrease, market funds will be ample, investor risk appetite will increase, and the market may attract capital inflows, driving prices up. #美联储比特币储备 #以太坊生态回暖