
Core CPI met expectations at 3.1%, showing no change from the prior month. This consistent inflation data may reduce immediate pressure on the Federal Reserve for further rate hikes, potentially supporting risk assets like Bitcoin and other cryptocurrencies by maintaining a stable monetary environment. Investors should monitor upcoming inflation reports for any shifts that could impact Fed policy.

By intocryptoverse
CEO/Founder @ITC_Crypto @ITC_Stocks @ITC_Macro PhD Engineering https://t.co/VwxEaJxIl8