What is CPI?
CPI is the data on inflation; put simply, it measures how fast prices are rising.
The estimate was a 2.5% increase, but the actual increase was only 2.4%.
Due to low inflation → the Federal Reserve is not in a hurry to raise interest rates, or the likelihood of lowering rates increases → the market breathes a sigh of relief → money can be invested more boldly in stocks, Bitcoin, and other risk assets.
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