🔥 The US inflation report will be released tomorrow!

The consensus forecast of banking giants for the US CPI is 3.4% (inflation growth by 0.2%) !

▪️ Arthur Hayes:

- In the second half of April, the market will face a reduction in dollar liquidity.

- Reasons: tax season + Fed policy to reduce balance sheet ( #QT ) and strengthening the balance sheet of the Ministry of Finance.

- These factors will stimulate a “furious sell-off in crypto markets.”

▪️ Market expectations ( #FED rate ):

- May 1: Pause.

- June 12: decrease by 25 bp. up to 5.00-5.25%.

- July 31: Pause.

- September 18: decrease by 25 bp. up to 4.75-5.00%.

- November 7: Pause.

- December 18: decrease by 25 bp. up to 4.50-4.75%.