🏛 Consumer Price Index (CPI) Release at 20:30 WIB (Jakarta Time) / 08:30 EST (New York Time) / 13:30 GMT (London Time)
What’s the expected figure, and how will it affect crypto? Let’s dive in...
The Consumer Price Index (CPI) measures inflation by tracking changes in the prices of goods and services. In short, if CPI increases, prices rise (inflation). Conversely, if CPI decreases or grows at a slower rate, it may signal deflation or economic slowdown.
Market analysts predict annual inflation to be around 2.9%, indicating persistent price pressures. As for Core CPI, the monthly figure is expected to remain at 0.3%. If these forecasts are accurate, they could shape market expectations regarding the Federal Reserve’s interest rate policy.
How Will This Affect Crypto?
Based on CPI predictions, the outlook for crypto isn’t great. With inflation still high, the Fed is unlikely to cut interest rates, which could put downward pressure on Bitcoin and altcoins.
✅ Summary:
If CPI is higher than 2.9% → Crypto will likely be bearish (decline).
If CPI matches the 2.9% forecast → Crypto may stay sideways or slightly pressured.
If CPI is lower than 2.9% → Crypto could turn bullish (rally).
⚠️ For Traders: Be cautious of high volatility after the CPI release.
⚠️ For Investors: If inflation declines over the coming months, crypto could gain positive momentum.
