The U.S. Bureau of Labor Statistics (#BLS ) releases the Consumer Price Index (#cpi ) data monthly, typically at 8:30 AM Eastern Time. For January 2025, the CPI data was released on February 12, 2025, at 8:30 AM ET.
In Pakistan Standard Time (PST), which is UTC+5, this corresponds to 6:30 PM on the same day. Therefore, the CPI data for January 2025 was available in Pakistan on February 12, 2025, at 6:30 PM PST.
The CPI measures the average change over time in the prices paid by consumers for a market basket of goods and services. It's a key indicator of inflation and can significantly influence financial markets, including cryptocurrencies. Investors often monitor CPI releases closely, as higher-than-expected inflation can lead to market volatility.
🦅🦅🦅🦅🦅
US CPI Data Alert
Expected: 2.9% YoY (same as previous) — Neutral for markets
Below 2.9%: Bullish — A lower reading (e.g., 2.5%) suggests easing inflation, potentially leading to a strong upside in markets, including crypto.
Above 2.9%: Bearish — A higher reading (e.g., 3.5%) indicates inflationary pressures, likely leading to a sharp downside, especially as the market might react to the possibility of tighter monetary policy.
My Opinion: The neutral expectation of 2.9% is likely to keep the market in a holding pattern until the data is released. If CPI comes in lower than expected, expect a bullish reaction across various assets, including crypto. Conversely, if the number is higher, expect significant volatility and a bearish tone, with markets likely dropping.
Pro Tip: Pay close attention to how the crypto market reacts after the CPI release—momentum shifts can be fast and dramatic.