#CPI&JoblessClaimsWatch As I’ve mentioned before, Ethereum (ETH) holds more potential than any other cryptocurrency — it has the power to deliver some of the best returns.
Federal Reserve Still Open to Rate Cuts
Despite recent market turbulence and new trade tariffs, the U.S. Federal Reserve remains open to the idea of cutting interest rates later this year — but only if inflation continues to decline and the economy remains stable.
In March, the U.S. saw a notable shift: prices actually dipped for the first time in years. The Consumer Price Index (CPI) dropped to 2.4% year-over-year — the lowest since the pandemic began. The Producer Price Index (PPI), which tracks wholesale prices, also fell by 0.4% in March — its first drop since October 2023 — thanks to major decreases in gasoline and egg prices. This signals that inflation is cooling not just for consumers but also for businesses.