The 🇺🇸 CPI(Consumer Price Index) corresponds with the Cons(Consensus).

happycapital -

Source: Investing.com

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.

Source: Investing.com

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.