#CPI&JoblessClaimsWatch

The Importance of Inflation and Unemployment Data on the Market and Market Movements

- Consumer Price Index (CPI) data and weekly unemployment claims are among the most important economic indicators monitored by financial markets. - An increase in CPI indicates a rise in inflation, which may prompt central banks like the US Federal Reserve to raise interest rates, affecting investors' risk appetite.

- On the other hand, a rise in unemployment claims reflects a decline in the labor market, which may lead the Federal Reserve to delay interest rate hikes. Therefore, it is important for traders in the BTC/USDT currency pair to monitor this data as it can significantly impact trading decisions. #CPI&JoblessClaimsWatch

$BTC BTC