Inflation
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đš BREAKING: August CPI Inflation Falls to 2.5%, Hitting Lowest Level Since March 2021
đ¶ August CPI inflation came in at 2.5%, fully in-line with expectations, marking a significant drop and the lowest annual inflation rate since March 2021.
đ¶ Core CPI inflation, which excludes volatile food and energy prices, held steady at 3.2%, also matching expectations, indicating some underlying price pressures remain.
đ¶ This marks a continuation of the inflation cooling trend that has been observed throughout 2024, driven by moderating energy prices and slower growth in key sectors.
đ¶ With the inflation rate easing, the first Federal Reserve rate cut since 2020 is expected next week. Analysts widely predict that the Fed will reduce rates to stimulate the slowing economy.
đ¶ Despite these rate cuts, the economic outlook remains uncertain, and we expect heightened market volatility heading into the end of the year, as investors gauge the impact of monetary policy shifts and economic conditions.
The market is at a pivotal moment, and the path forward remains unpredictable.
#Inflation #CPI #CPI_BTC_Watch #LowestCPI2021
đ¶ Core CPI inflation, which excludes volatile food and energy prices, held steady at 3.2%, also matching expectations, indicating some underlying price pressures remain.
đ¶ This marks a continuation of the inflation cooling trend that has been observed throughout 2024, driven by moderating energy prices and slower growth in key sectors.
đ¶ With the inflation rate easing, the first Federal Reserve rate cut since 2020 is expected next week. Analysts widely predict that the Fed will reduce rates to stimulate the slowing economy.
đ¶ Despite these rate cuts, the economic outlook remains uncertain, and we expect heightened market volatility heading into the end of the year, as investors gauge the impact of monetary policy shifts and economic conditions.
The market is at a pivotal moment, and the path forward remains unpredictable.
#Inflation #CPI #CPI_BTC_Watch #LowestCPI2021
đš Breaking News! đșđž U.S. CPI Data for August Released!
Current: 2.5%
Previous: 2.9%
Expected: 2.5%
This marks the lowest inflation rate since March 2021. On a monthly basis, inflation rose by 0.2%. Notably, core inflation (excluding food and energy) climbed by 0.3%. With inflation cooling down, markets are buzzing about a possible rate cut next week, the first since 2020. Get ready! This could impact key crypto assets like $BTC, $GALA, and $TON.
#Crypto #Inflation #MarketUpdate #BNBChainMemecoins
Previous: 2.9%
Expected: 2.5%
This marks the lowest inflation rate since March 2021. On a monthly basis, inflation rose by 0.2%. Notably, core inflation (excluding food and energy) climbed by 0.3%. With inflation cooling down, markets are buzzing about a possible rate cut next week, the first since 2020. Get ready! This could impact key crypto assets like $BTC, $GALA, and $TON.
#Crypto #Inflation #MarketUpdate #BNBChainMemecoins
đȘïž Recessions and Their Catalysts: What's Next? đ
History has shown us that recessions are often triggered by major global events. Letâs take a quick look back:
đąïž 1990 â Kuwait invasion and the oil shock
đ» 2000 â Tech bubble burst
đ 2007 â Housing bubble collapse
đ· 2020 â Global pandemic
So, what will be the catalyst this time? đ€
While the U.S. isnât in a recession yet, the signs are there. Inflation is sky-high, interest rates are rising, and consumer spending is cooling off. But is the worst yet to come? đ©ïž
Here's what to watch:
NBER defines a recession as more than two consecutive quarters of economic decline.
The Federal Reserve is tightening policy to fight inflation, raising interest rates to stabilize the economy.
Global economic uncertainty is casting a shadow, leaving many to wonder: could a recession be on the horizon?
Stay sharp and keep your strategies ready! đĄ
#RecessionWatch #CryptoMarketMoves #Binance #Economy #Inflation
$THETA
History has shown us that recessions are often triggered by major global events. Letâs take a quick look back:
đąïž 1990 â Kuwait invasion and the oil shock
đ» 2000 â Tech bubble burst
đ 2007 â Housing bubble collapse
đ· 2020 â Global pandemic
So, what will be the catalyst this time? đ€
While the U.S. isnât in a recession yet, the signs are there. Inflation is sky-high, interest rates are rising, and consumer spending is cooling off. But is the worst yet to come? đ©ïž
Here's what to watch:
NBER defines a recession as more than two consecutive quarters of economic decline.
The Federal Reserve is tightening policy to fight inflation, raising interest rates to stabilize the economy.
Global economic uncertainty is casting a shadow, leaving many to wonder: could a recession be on the horizon?
Stay sharp and keep your strategies ready! đĄ
#RecessionWatch #CryptoMarketMoves #Binance #Economy #Inflation
$THETA
đ¶ BREAKING: The US personal savings rate dropped to 2.9% in July, its lowest in 2 years đ.
đ¶ Savings as a percentage of disposable personal income is now at its second-lowest level since the 2008 Financial Crisis.
đ¶ The savings rate has been in decline for 14 consecutive months âŹïž.
đ¶ For perspective, savings rates averaged ~6.0% from 2009-2019 and ~11.0% in the 1980s đ.
đ¶ With high inflation and stalled wage growth, consumers are increasingly relying on credit cards, contributing to historically low savings rates đł.
đ¶ Many consumers feel like the economy is in a recession đ.
#Economy #Inflation #Recession #Finance #USNonFarmPayrollReport
đ¶ Savings as a percentage of disposable personal income is now at its second-lowest level since the 2008 Financial Crisis.
đ¶ The savings rate has been in decline for 14 consecutive months âŹïž.
đ¶ For perspective, savings rates averaged ~6.0% from 2009-2019 and ~11.0% in the 1980s đ.
đ¶ With high inflation and stalled wage growth, consumers are increasingly relying on credit cards, contributing to historically low savings rates đł.
đ¶ Many consumers feel like the economy is in a recession đ.
#Economy #Inflation #Recession #Finance #USNonFarmPayrollReport
đŁïž Key insights from Fed member Williams:
âą The Fed is prepared to start cutting interest rates. âą US GDP growth is likely to reach 2.5% this year. âą Inflation is expected to be close to 2% next year. âą The unemployment rate remains low despite recent increases. âą Inflation is forecasted to be 2.25% this year.
Big changes could be coming for the economy! đ #Economy #InterestRates #Inflation #GDP #MarketUpdate
âą The Fed is prepared to start cutting interest rates. âą US GDP growth is likely to reach 2.5% this year. âą Inflation is expected to be close to 2% next year. âą The unemployment rate remains low despite recent increases. âą Inflation is forecasted to be 2.25% this year.
Big changes could be coming for the economy! đ #Economy #InterestRates #Inflation #GDP #MarketUpdate
Region Europe - Annual Inflation was announced as 8.5%.
(Exp. 9% / Previous 9.2%)
#Euro #Inflation #News #Bitcon
(Exp. 9% / Previous 9.2%)
#Euro #Inflation #News #Bitcon
BREAKING: đșđž US inflation rises to 3.4%, higher than expectations.
#US #Inflation #Cryptohustle #Crypto #dyor
#US #Inflation #Cryptohustle #Crypto #dyor
Bond Market Soars as Rate Hike Expectations Vanishđ
Despite the ongoing 'caution' from Fed members over inflation-stickiness, bond traders wasted no time in taking out all rate hikes from the futures curve, with the only questions remaining on 'when' and 'how much' rates are expected to drop in 2024.2yr yields cratered by around -20bp at the close, giving it the largest one day drop (yields lower, prices higher) since the midst of the March banking crisis. Fixed income took no prisoners yesterday with a relentless rally yesterday, matched by a dramatic tightening of US Investment Grade CDS, which is now retraced almost all of Sep move and back to nearly the tightest levels all year.
#FedCaution #Inflation #2yrYields #FixedIncomeRally #USInvestmentGradeCDS
Despite the ongoing 'caution' from Fed members over inflation-stickiness, bond traders wasted no time in taking out all rate hikes from the futures curve, with the only questions remaining on 'when' and 'how much' rates are expected to drop in 2024.2yr yields cratered by around -20bp at the close, giving it the largest one day drop (yields lower, prices higher) since the midst of the March banking crisis. Fixed income took no prisoners yesterday with a relentless rally yesterday, matched by a dramatic tightening of US Investment Grade CDS, which is now retraced almost all of Sep move and back to nearly the tightest levels all year.
#FedCaution #Inflation #2yrYields #FixedIncomeRally #USInvestmentGradeCDS
đ Peter Schiff warns about the economy: If the dollar collapses, inflation and interest rates will surge, potentially causing a recession and job losses. Concerns raised about the impact of current economic policies. #Economy #Inflation #DollarCollapse đđžđ
đ»đ Who Cares About Good News in a #BearMarket , or are we even still in a #BearMarket? Yet, folks are still feeling the trauma đ.
đșđžđ #Inflation in the #USA is on the decline, but the markets just shrug. No bad news seems to matter. Even if the #Blackrock #ETFs were greenlit right now, I'm guessing a 20% uptick for #Bitcoin, not an inch more.
Considering this extended #BearMarket, the trauma lingers deep. Until people witness that halving, belief might just stay frozen đ.
That's the market psychology: when it plummets, we think it's never rising again. I've heard some even declare "no more #bullrun" đ€Ł (a telltale sign of deep trauma). Likewise, when it surges, folks reckon it's an endless rise. Such is the market dance... đđđ
#crypto2023
đșđžđ #Inflation in the #USA is on the decline, but the markets just shrug. No bad news seems to matter. Even if the #Blackrock #ETFs were greenlit right now, I'm guessing a 20% uptick for #Bitcoin, not an inch more.
Considering this extended #BearMarket, the trauma lingers deep. Until people witness that halving, belief might just stay frozen đ.
That's the market psychology: when it plummets, we think it's never rising again. I've heard some even declare "no more #bullrun" đ€Ł (a telltale sign of deep trauma). Likewise, when it surges, folks reckon it's an endless rise. Such is the market dance... đđđ
#crypto2023
#News #CPI #Inflation
Inflation news ahead.
The market got a mixed PPI yesterday which made Powell nervous.
It is rare for a PPI report to come out a day EARLIER than a CPI report
PPI + CPI macro data have a very strong correlation. Failure of PPI to meet expectations can cause a more significant reaction in the markets
There is a high probability of unpredictable CPI.
Traders expect inflation to fall by 0.1% to 3.4% from the previous 3.5%.
*In general, news is an unpredictable factor and I recommend not to trade before and during the news!*$BTC
Inflation news ahead.
The market got a mixed PPI yesterday which made Powell nervous.
It is rare for a PPI report to come out a day EARLIER than a CPI report
PPI + CPI macro data have a very strong correlation. Failure of PPI to meet expectations can cause a more significant reaction in the markets
There is a high probability of unpredictable CPI.
Traders expect inflation to fall by 0.1% to 3.4% from the previous 3.5%.
*In general, news is an unpredictable factor and I recommend not to trade before and during the news!*$BTC
đđșđž The US Bureau of Economic Analysis (BEA) has released data on the core Personal Consumption Expenditures (PCE) price index, a crucial inflation metric. In July, it showed a 0.2% increase from the prior month, aligning with market forecasts. Year-on-year, the index surged by 4.2%, consistent with expectations. This indicator, which excludes volatile energy and food components, holds significance for the Federal Reserve as a reliable gauge of price trends. #EconomicIndicators #Inflation #USPCE #EconomicData
Surprising Inflation Data Raises ConcernsđŻ
The day began with some unwelcome inflation data out of Canada, where core CPI spiked massively to the upside despite expectations of a continued fall in September. The BoC's preferred core measures have rebounded to the fastest pace since July 2022, while US used car prices have also shown an unexpected 1.5% MoM jump over August. With WTI oil trading at above $90 and showing little signs of easing, we remain of the view that inflation has an outside risk of making an unwanted return before the year-end - ie. the 'higher for longer' camp that seems to have been largely vacated recently.
#CPI #WTI #USA #Canada #Inflation
The day began with some unwelcome inflation data out of Canada, where core CPI spiked massively to the upside despite expectations of a continued fall in September. The BoC's preferred core measures have rebounded to the fastest pace since July 2022, while US used car prices have also shown an unexpected 1.5% MoM jump over August. With WTI oil trading at above $90 and showing little signs of easing, we remain of the view that inflation has an outside risk of making an unwanted return before the year-end - ie. the 'higher for longer' camp that seems to have been largely vacated recently.
#CPI #WTI #USA #Canada #Inflation
Investing requires skill & to become notable at it, investors must be familiar with factors that impact their investments. One of these crucial aspects is #inflation. Understanding inflation is essential for making informed investment decisions. So let's talk more about it
đŽđđ§ đđĄđąđŹ đđĄđ«đđđ, đ°đ'đ„đ„ đđąđŹđđźđŹđŹ:
âïžHow Does Inflation Work?
âïžWhy does inflation occur?
đĄđđšđ° đđšđđŹ đđ§đđ„đđđąđšđ§ đđšđ«đ€?
Inflation refers to the rise in the price of goods & services, which reduces the purchasing power of each unit of currency. So, if a KG of mango cost $0.5 in 2020 & a KG of mango cost $1 in 2023,your purchasing power drops cos you will only get 1/2 a KG of mango for $0.5 in 2023
Moderate inflation is required to sustain econ growth, but when it becomes too high for an extended period of time, its bad for economy. Hot inflation shows that consumer demand exceed supply. Rising prices, so wen prices at peak, spending falls, which can easily lead to recession
đĄđđĄđČ đđšđđŹ đąđ§đđ„đđđąđšđ§ đšđđđźđ«?
The fundamental components that reflect the rate of inflation are supply and demand, hence economists characterize two forms of inflation depending on the fluctuating nature of supply and demand:
~ Demand pull inflationâĄïž
~ Cost push inflationâĄïž
The most common sort of demand-pull inflation occurs when demand drives up the price of goods or services. When there is a disruption in the supply of goods or services, such as when there is a global epidemic, cost-push inflation occurs.
We hope you all gain some good knowledge from this thread and find it useful for all of you. We have committed to provide you with more such useful stuff in the coming days, so please stay tuned and remain connected. Thank you !
#Inflation #crypto
đŽđđ§ đđĄđąđŹ đđĄđ«đđđ, đ°đ'đ„đ„ đđąđŹđđźđŹđŹ:
âïžHow Does Inflation Work?
âïžWhy does inflation occur?
đĄđđšđ° đđšđđŹ đđ§đđ„đđđąđšđ§ đđšđ«đ€?
Inflation refers to the rise in the price of goods & services, which reduces the purchasing power of each unit of currency. So, if a KG of mango cost $0.5 in 2020 & a KG of mango cost $1 in 2023,your purchasing power drops cos you will only get 1/2 a KG of mango for $0.5 in 2023
Moderate inflation is required to sustain econ growth, but when it becomes too high for an extended period of time, its bad for economy. Hot inflation shows that consumer demand exceed supply. Rising prices, so wen prices at peak, spending falls, which can easily lead to recession
đĄđđĄđČ đđšđđŹ đąđ§đđ„đđđąđšđ§ đšđđđźđ«?
The fundamental components that reflect the rate of inflation are supply and demand, hence economists characterize two forms of inflation depending on the fluctuating nature of supply and demand:
~ Demand pull inflationâĄïž
~ Cost push inflationâĄïž
The most common sort of demand-pull inflation occurs when demand drives up the price of goods or services. When there is a disruption in the supply of goods or services, such as when there is a global epidemic, cost-push inflation occurs.
We hope you all gain some good knowledge from this thread and find it useful for all of you. We have committed to provide you with more such useful stuff in the coming days, so please stay tuned and remain connected. Thank you !
#Inflation #crypto
US #CPI Preview
#Inflation in the US is forecast to rise at an annual pace of 2.9% in January, a tad softer than the 3.4% increase reported in December.
#Write2Earn
#Inflation in the US is forecast to rise at an annual pace of 2.9% in January, a tad softer than the 3.4% increase reported in December.
#Write2Earn
đ±đ· Since 2020 We Have Seen:
1. #Inflation rise above 9% for the first time in 40 years
2. Second and third largest bank collapses in US history
3. Oil prices go from -$40 to $100+ in a matter of months
4. Fastest #Fed interest rate hike cycle of all time
5. Least affordable housing market in history
6. Over $8 trillion in US Federal debt borrowed
7. #Mortgage demand at its lowest since 1995
8. Total #US credit card debt hit a record $1 trillion
Yet, all three market indices are entering all time high territory.
Is this the most resilient market of all time?
These are just some of the countless headwinds this market has faced.
We have had every reason for stocks to fall over the last three years.
Yet, the market continues to push higher and prove its resilience.
Share with your friends
1. #Inflation rise above 9% for the first time in 40 years
2. Second and third largest bank collapses in US history
3. Oil prices go from -$40 to $100+ in a matter of months
4. Fastest #Fed interest rate hike cycle of all time
5. Least affordable housing market in history
6. Over $8 trillion in US Federal debt borrowed
7. #Mortgage demand at its lowest since 1995
8. Total #US credit card debt hit a record $1 trillion
Yet, all three market indices are entering all time high territory.
Is this the most resilient market of all time?
These are just some of the countless headwinds this market has faced.
We have had every reason for stocks to fall over the last three years.
Yet, the market continues to push higher and prove its resilience.
Share with your friends
Cointelegraph points out that the easing of U.S. inflation could potentially be a temporary situation, and the market should not assume that the Federal Reserve (Fed) has completely conquered inflation. If inflation remains in the 3.5% range into the next year, there is still a possibility of further interest rate hikes. Despite the recent decision by the Fed to hold interest rates steady at the December Federal Open Market Committee (FOMC) meeting, there are concerns that the battle against inflation is not yet over, and the economic outlook does not currently signal a slowdown that might lead to an interest rate cut next year. Investors, including those in the cryptocurrency market, should remain vigilant and monitor economic developments and central bank actions for potential impacts on asset prices and interest rates. đđŠđ #Inflation #FederalReserve #interestrates #cryptocurrency #EconomicOutlook
Unexpected Interest Rate Hike from the Central Bank of the Republic of Turkey
The Central Bank of the Republic of Turkey (CBRT) raised its policy interest rate by 750 basis points to 25% in the Monetary Policy Committee (MPC) meeting held on August 24, 2023. This decision was regarded as an unexpected development in the markets.
Impact of the Interest Rate Decision on the Markets
Following the announcement of the interest rate decision, the USD/TRY exchange rate experienced a sharp decline. The USD/TRY exchange rate, which had been hovering around 27.20 for a while, dropped to 26.50 after the decision. Currently, the USD is trading at 26.65 TRY. Similarly, the EUR/TRY exchange rate also decreased from 29.75 to 28.85 due to the impact of the interest rate decision, but later it climbed back above 29.00.
Rationale Behind the Central Bank's Decision
In the decision statement of the Central Bank, it was emphasized that monetary tightening would continue in order to control inflation and prevent disruptions in pricing. It was stated that these measures would make a significant contribution to reaching the inflation target of 5% in the medium term. The decision statement also noted that the main trend of inflation continued to rise, driven by factors such as strong domestic demand, cost increases, and tax adjustments. It was mentioned that the rise in fuel prices also caused an inflation deterioration beyond expectations.
Goals of the Central Bank
The Central Bank expressed its belief that with the monetary tightening steps taken, inflation would be brought under control by 2024. Additionally, attention was drawn to the increase in direct foreign investments, improvement in external financing conditions, increase in reserves, and tourism revenues providing support to the current account balance.
In Summary
The Central Bank's interest rate decision aims to contribute to economic stability and to control inflation. While raising interest rates might lead to tightening in the economy, the goal is to rein in inflation and ensure financial stability. The impact of interest rate decisions on financial markets should be monitored in the long term as well, as economic fluctuations and global developments can shape these effects.
Detailed Analysis
The Central Bank's interest rate decision can be considered a significant turning point for the Turkish economy. This decision is seen as an indicator of the Central Bank's determination to combat the recent surge in inflation.
The impact of the interest rate decision on financial markets was initially positive. The USD/TRY exchange rate experienced a sharp decline, leading to an appreciation of the Turkish lira. This development will provide relief to exporters and companies that rely on imported inputs.
However, the long-term effects of the interest rate decision on the economy are not yet clear. Raising interest rates can lead to economic tightening, which might result in a slowdown in investment and consumption. Moreover, higher interest rates can increase borrowing costs, affecting the financing expenses of businesses and consumers.
The Central Bank's interest rate decision can be viewed as a significant step in the fight against inflation. Nevertheless, it is crucial to closely monitor the long-term impacts of this decision on the economy.
#CBRT #TCMB #USD/TRY #Turkey #Inflation
Impact of the Interest Rate Decision on the Markets
Following the announcement of the interest rate decision, the USD/TRY exchange rate experienced a sharp decline. The USD/TRY exchange rate, which had been hovering around 27.20 for a while, dropped to 26.50 after the decision. Currently, the USD is trading at 26.65 TRY. Similarly, the EUR/TRY exchange rate also decreased from 29.75 to 28.85 due to the impact of the interest rate decision, but later it climbed back above 29.00.
Rationale Behind the Central Bank's Decision
In the decision statement of the Central Bank, it was emphasized that monetary tightening would continue in order to control inflation and prevent disruptions in pricing. It was stated that these measures would make a significant contribution to reaching the inflation target of 5% in the medium term. The decision statement also noted that the main trend of inflation continued to rise, driven by factors such as strong domestic demand, cost increases, and tax adjustments. It was mentioned that the rise in fuel prices also caused an inflation deterioration beyond expectations.
Goals of the Central Bank
The Central Bank expressed its belief that with the monetary tightening steps taken, inflation would be brought under control by 2024. Additionally, attention was drawn to the increase in direct foreign investments, improvement in external financing conditions, increase in reserves, and tourism revenues providing support to the current account balance.
In Summary
The Central Bank's interest rate decision aims to contribute to economic stability and to control inflation. While raising interest rates might lead to tightening in the economy, the goal is to rein in inflation and ensure financial stability. The impact of interest rate decisions on financial markets should be monitored in the long term as well, as economic fluctuations and global developments can shape these effects.
Detailed Analysis
The Central Bank's interest rate decision can be considered a significant turning point for the Turkish economy. This decision is seen as an indicator of the Central Bank's determination to combat the recent surge in inflation.
The impact of the interest rate decision on financial markets was initially positive. The USD/TRY exchange rate experienced a sharp decline, leading to an appreciation of the Turkish lira. This development will provide relief to exporters and companies that rely on imported inputs.
However, the long-term effects of the interest rate decision on the economy are not yet clear. Raising interest rates can lead to economic tightening, which might result in a slowdown in investment and consumption. Moreover, higher interest rates can increase borrowing costs, affecting the financing expenses of businesses and consumers.
The Central Bank's interest rate decision can be viewed as a significant step in the fight against inflation. Nevertheless, it is crucial to closely monitor the long-term impacts of this decision on the economy.
#CBRT #TCMB #USD/TRY #Turkey #Inflation
đš Just In: đșđž CPI is lower than expected in May 2024
- CPI of May -
CPI: 3.3%
Last Month: 3.4%
Estimated: 3.4%
- Core CPI of May -
Core CPI: 3.4%
Last Month CPI: 3.6%
Estimated: 3.5%
#Bullish đ as #Inflation is cooling down and you can see the #Bitcoin price are rising insanely right after the news
- CPI of May -
CPI: 3.3%
Last Month: 3.4%
Estimated: 3.4%
- Core CPI of May -
Core CPI: 3.4%
Last Month CPI: 3.6%
Estimated: 3.5%
#Bullish đ as #Inflation is cooling down and you can see the #Bitcoin price are rising insanely right after the news
Heads up! The Consumer Price Index (CPI) data is dropping on Thursday May 16th.
What does this mean for crypto?
CPI forms the highlight when it comes to the inflation debate and risk-asset hopes for interest rate cuts.
Prior to that, however, May 14 will see the Producer Price Index (PPI) print for April, along with a public speaking appearance from Fed Chair Powell.
Powell will discuss the economy during a moderated discussion with Klaas Knot, president of the Netherlandsâ central bank, De Nederlandse Bank, at the annual general meeting of the Foreign Bankersâ Association in Amsterdam.
Markets have shown themselves to be highly sensitive to Powellâs tone when it comes to hints as to future policy moves.
The latest data from CME Groupâs FedWatch Tool underscores sentiment â traders see barely any chance of a rate cut at the Fedâs next meeting in June, with the likelihood only increasing substantially in September.
Keep an eye on market reactions. CPI can influence inflation expectations and impact the broader financial markets.
Stay informed, stay ahead! Happy trading, everyone! đđ°
#CryptoNews #CPI #MarketUpdate #Inflation #Fed
What does this mean for crypto?
CPI forms the highlight when it comes to the inflation debate and risk-asset hopes for interest rate cuts.
Prior to that, however, May 14 will see the Producer Price Index (PPI) print for April, along with a public speaking appearance from Fed Chair Powell.
Powell will discuss the economy during a moderated discussion with Klaas Knot, president of the Netherlandsâ central bank, De Nederlandse Bank, at the annual general meeting of the Foreign Bankersâ Association in Amsterdam.
Markets have shown themselves to be highly sensitive to Powellâs tone when it comes to hints as to future policy moves.
The latest data from CME Groupâs FedWatch Tool underscores sentiment â traders see barely any chance of a rate cut at the Fedâs next meeting in June, with the likelihood only increasing substantially in September.
Keep an eye on market reactions. CPI can influence inflation expectations and impact the broader financial markets.
Stay informed, stay ahead! Happy trading, everyone! đđ°
#CryptoNews #CPI #MarketUpdate #Inflation #Fed