I just looked at the U.S. CPI figures for February, and it exactly aligned with what the markets expected. No major surprises, therefore. This probably means that interest rate cuts are not yet in sight — at least not in the short term. The Fed will likely remain cautious with their policy. This is relevant for crypto traders because interest rate expectations directly influence risk assets. Higher interest rates generally put downward pressure on the market. So if today's CPI in America confirms expectations without significant inflation shocks, we can cautiously be optimistic that we won't suddenly face even higher interest rates. Still, it's important to keep a close eye on Fed communications — they can still cause surprises.