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#AugustCoreCPIBeatsExpectations
📊 August Core CPI Beats Expectations
U.S. August Core CPI came in at 0.3% MoM, above the 0.2% expected, while annual core inflation eased to 2.4% from 2.5%.
The hotter monthly reading could keep pressure on the Fed and may increase expectations for a more cautious rate-cut path. Higher-for-longer rates could create short-term volatility across risk assets, including crypto.
However, with annual core inflation continuing to ease, markets will be watching upcoming inflation and Fed signals closely. 📈
#AugustCoreCPIBeatsExpectations #CPI #Inflation #Fed
$BTC $GT $ZEC
📊 August Core CPI Beats Expectations
U.S. August Core CPI came in at 0.3% MoM, above the 0.2% expected, while annual core inflation eased to 2.4% from 2.5%.
The hotter monthly reading could keep pressure on the Fed and may increase expectations for a more cautious rate-cut path. Higher-for-longer rates could create short-term volatility across risk assets, including crypto.
However, with annual core inflation continuing to ease, markets will be watching upcoming inflation and Fed signals closely. 📈
#AugustCoreCPIBeatsExpectations #CPI #Inflation #Fed
$BTC $GT $ZEC