🚨 US CPI inflation just hit 3.8% the highest level in 3 years.


The number came in above expectations (3.7%), showing inflation is still staying stubbornly high.
Markets are reacting fast as traders now rethink the chances of aggressive rate cuts in June.
Higher inflation = more uncertainty for stocks and crypto in the short term.
#CPI #Inflation #Bitcoin #Crypto #Stocks #Macro
BTC-1.57%
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