The US consumer price index fell from 2.9% to 2.5%, fulfilling the consensus forecast. The core CPI is on pause, also within the forecast.

Considering that this was a bold decline forecast (the highest for the whole of 2024), these are excellent prospects for risky asset markets.

As was written, such data will add arguments to the fact that the interest rate will be reduced on September 18 by 0.25 percentage points. And according to #CMEGroup, market expectations after today's macro data have changed again:

- 0% - there will either be a pause or a decrease of 0.25 percentage points.

- 71% - there will be a decrease of either 0.25 percentage points or 0.5 percentage points.

- 29% - there will be a decrease of either 0.5 percentage points or 0.75 percentage points.

UPD: already 85% against 15%.

It is interesting that the price of#BTCwent down on the news, putting a low at $56,420 on a five-minute candle. And now it has dropped even lower, to $56,279. Perhaps we are seeing a long squeeze. Because such data is definitely not a reason for corrections in risky asset markets. Although the core CPI m/m (!) is higher than expected - in general, this is not a reason for a correction. After the rebound of the US Dollar Index DXY is complete, they should show growth.$BTC