The 🇺🇸 CPI(Consumer Price Index) corresponds with the Cons(Consensus).
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Last night, the CPI was released, and it corresponds with the forecast. The level of the CPI is around the objective that the Fed wishes to reach.
The next Fed interest rate decision is coming in 6 days. This is the 2nd time when BTC(Bitcoin) meets the interest rate cuts. Furthermore, more rate cuts are waiting until the next year. It would be good for the crypto market.
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