GM

U.S. CPI data will be released today at 6.00 PM ( IST ) 12.30 PM UTC . This data is key for the Fed’s next move. The current expectation is for a small rate cut of 25bps at next week’s meeting (September 18). However, if the data is very positive, a 50bps rate cut isn't entirely off the table.

In my view, if the data is favorable, the market will likely start pricing in more rate cuts for Q4 2024 and early 2025.

Let’s see how it plays out.#CPI_BTC_Watch #TON #DOGSONBINANCE #BNBChainMemecoins #writetoearn