The latest U.S. Consumer Price Index (CPI) data shows inflation rising 2.7% year-over-year, with Core CPI—excluding food and energy—coming in at 3.1%. The figures suggest inflation remains above the Federal Reserve’s 2% target, keeping rate-cut expectations in focus for upcoming FOMC meetings.
Crypto markets saw mixed reactions to the data, as investors weighed the implications for monetary policy. A softer inflation trajectory could provide a tailwind for risk assets, while persistent core inflation may keep the Fed cautious.
Market analysts note that these numbers could influence both traditional markets and digital assets in the weeks ahead, with Bitcoin and altcoins likely to respond to shifting interest rate expectations.
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