$BTC Let's take a look at the CPI data released tonight.

Overall inflation annual rate: The annual increase was 2.4%, which was lower than 2.5% in August, but still higher than the 2.3% estimated by economists. This is the lowest level in three and a half years, but it is still higher than expected, indicating that although inflation is weakening, the decline may not be as fast as the market expects.

Core inflation annual rate: The core CPI annual rate was 3.3%, higher than the market expectation of 3.2%. The core CPI is the CPI data after deducting food and energy prices, which can better reflect the potential inflation trend in the economy. Its higher than expected indicates that potential inflation pressure still exists.

Month-on-month data: The CPI monthly rate increased by 0.2% from the previous month. This shows that there is still a certain upward pressure on prices in the short term, but it is relatively mild. The release of this data triggered sharp fluctuations in the market.

Overall, the US September CPI data showed that inflationary pressure has eased, but the rise in core price indicators and the instability of the job market still pose challenges to the Fed's policy making. Economic data in the next few weeks will be a key factor in determining the direction of the market.

$ETH $BNB

#6万保卫战 #SCR新币挖矿开始! #币安LaunchpoolSCR #币安LaunchpoolSCR #9月美国CPI实现6连降

The above content only represents personal opinions and does not constitute any investment advice!