The market tonight is really exciting, jumping up and down.
The release of CPI data triggered a violent reaction in the market. The seasonally adjusted CPI annual rate at the end of August was slightly lower than market expectations of 2.6%, and the core CPI annual rate was consistent with previous data at 3.2%.
Housing inflation pressure has not significantly eased. Although overall inflation has slowed, the core CPI monthly rate still exceeded expectations, undoubtedly bringing new uncertainty to the market.
Especially as the Federal Reserve is about to convene a monetary policy meeting, the U.S. dollar index rose rapidly after the data was released, rising by more than 30 points. The market has significantly adjusted its expectations for an interest rate cut by the Federal Reserve, basically ruling out the possibility of a substantial 50 basis point interest rate cut. Will there be any new changes to the interest rate cut in September? What do you think? #美国8月CPI数据高于预期 #美国经济软着陆? #BTC走势分析 #小非农增幅创3年多新低 #美联储何时降息? $BTC $ETH