Post

CPI Keeps the Fed in Focus



August CPI came in at 0.4% MoM, while annual inflation held at 3.4%, broadly matching expectations.

For me, the key point is that the data doesn’t create a clear reason for the Fed to turn more hawkish, but it also doesn’t remove the need for caution.

Markets will now be watching upcoming inflation and labor data closely. If inflation continues to cool, expectations for rate cuts could strengthen — a setup that may support risk assets, including crypto and equities.

For now, I’m watching $BTC closely for confirmation rather than chasing the first reaction.

#每周来晒 #8月CPI数据出炉
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
BTCBTC+0.41%


Add a comment
Add a comment

Comment
VaultKeeper
3 minutes ago
Key sentence: not chasing the first reaction, veterans all understand
0View Original
MLTradeAssistant
10 minutes ago
CPI data was unremarkable; the Fed will most likely stay put and wait for the next nonfarm payrolls report.
0View Original
BlueChipHunter
15 minutes ago
#WeeklyShowOff This tag is being used perfectly—data nerds rejoice. There’s no rush to act until BTC confirms the signal.
0View Original
MemeHunter
20 minutes ago
3.4% annualized is actually okay—no surprises, good or bad, and the market reaction has been quite restrained.
0View Original
NFTCollector
21 minutes ago
First Review
Labor data is the next hurdle; whether the cooling inflation narrative can continue depends on it.
0View Original