Today's CPI Forecast
At 15:30, the U.S. Consumer Price Index (CPI) report will be released. Expectations point to a 2.4% inflation rate, matching March’s figure.
Here’s what to watch for:
🔴 CPI Above 2.4%
A hotter-than-expected print could rattle markets in the short term. With last month's data coming in below forecasts, a surprise to the upside may delay interest rate cuts—bearish for risk assets.
🟠 CPI at 2.4%
If inflation meets expectations, markets could respond positively. Bullish momentum is likely to continue under stable inflation.
🟢 CPI Below 2.4%
This is the most favorable scenario for markets. A cooler reading boosts the chances of rate cuts this year—potentially igniting rallies in Bitcoin and altcoin #AltcoinSeasonLoading #StrategyTrade