#CPIWatch
US Core CPI comes in hot!
Actual: 3.1% ๐
Expected: 3.0%
Previous: 2.9%
Slightly above forecast โ signaling persistent inflation pressure.
๐ Could fuel speculation on Fedโs rate stance & short-term market volatility.
Key takeaway: Higher-than-expected inflation often strengthens the USD, pressures equities, and may dampen crypto sentiment in the short term.
