#CPIWatch The latest US Consumer Price Index (CPI) data revealed a slight uptick in inflation, signaling persistent price pressures despite recent cooling trends. Core CPI, excluding food and energy, remained elevated, reinforcing expectations that the Federal Reserve will maintain a cautious stance on rate cuts. Markets reacted with mixed sentiment—equities showed mild weakness, while the US dollar strengthened. Crypto markets saw choppy trading as traders weighed inflation risks against Bitcoin’s role as a potential hedge. All eyes now turn to upcoming Fed commentary for clues on future policy moves, with CPI trends continuing to guide macro and crypto market sentiment.