#CryptoCPIWatch US CPI Report: Cooling Inflation or Ongoing Pressure?
The US Consumer Price Index (CPI) report for February is expected to show slightly lower inflation, with headline CPI forecasted at 2.9% year-over-year, down from 3.0% in January. Core CPI, which excludes food and energy, may also ease to 3.2% from 3.3%. These figures could influence the US Federal Reserve's decisions on interest rate cuts. If inflation is lower than expected, markets may anticipate rate cuts by mid-2025, potentially boosting crypto and stock markets. However, higher inflation could delay cuts and strengthen the US dollar.
President Trump’s trade policies add further uncertainty, as new tariffs could reignite inflation. Meanwhile, the crypto market remains volatile, with Bitcoin around $82,185 and Ethereum at $1,889. Investors are closely watching the CPI data, as it may significantly affect market movements across stocks, currencies, and cryptocurrencies.