#CryptoCPIWatch JP Morgan’s market reaction forecast for the U.S. inflation report (12:30 UTC):

🟠CPI (m/m) 0.33% or higher – S&P 500 decline of 1.5-2.5%

🟠CPI 0.28-0.32% – decline of 1-1.5%

🟠CPI 0.24-0.28% – fluctuations between -0.5% and +1%

🟠CPI 0.2-0.24% – increase of 0.5-1.5%

🟠CPI 0.19% or lower – increase of 1.25-2%

Consensus forecast: 0.3% m/m and 2.9% y/y