Core CPI inflation printed at 2.6%, landing below the anticipated 2.7% forecast. This softer-than-expected reading could signal easing price pressures and potentially influence monetary policy expectations. For crypto traders, inflation data remains a key driver of market sentiment—lower inflation typically reduces expectations for aggressive rate hikes, which can be favorable for risk assets like Bitcoin and altcoins.
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ReverseTradingGuru
· 12h ago
2.6%? Oh my, now the central bank must breathe a sigh of relief, and our coins need to turn around too.
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GasSavingMaster
· 12h ago
CPI below expectations, the Federal Reserve is likely to hold off on raising interest rates, Bitcoin took a breath... Wait, don't get too excited, we still need to see what next week's data says.
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PhantomMiner
· 12h ago
Is a soft landing really coming? The 2.6% figure is quite appealing; it feels like it's time to get on board.
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BlockchainFries
· 12h ago
Wait, is 2.6% really lower than expected? Does this mean the Federal Reserve might have to hold back... Feels like this rally is about to take off.
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MEVSupportGroup
· 12h ago
Wow, 2.6%. This data is softer than expected. Is the crypto market about to take off again?
Core CPI inflation printed at 2.6%, landing below the anticipated 2.7% forecast. This softer-than-expected reading could signal easing price pressures and potentially influence monetary policy expectations. For crypto traders, inflation data remains a key driver of market sentiment—lower inflation typically reduces expectations for aggressive rate hikes, which can be favorable for risk assets like Bitcoin and altcoins.