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Aroosa Rehman
CPI Post-Release Review|Still Prioritizing Short on the Rebound
⚠️Personal opinion exchange, not investment advice
This CPI release basically met market expectations.
Inflation did not spike, avoiding a major drop, but the decline is slow and stickiness remains strong.
Honestly, the probability of a direct rate hike in September is low, but the anticipated early rate cut is basically off the table. High interest rates will persist longer, and further hikes cannot be completely ruled out. The macro environment is not favorable for the crypto space.
On the market side, BTC has been grinding back and forth within a range. Many were hoping CPI would trigger a loosening rally.
The result was just avoiding a crash, with no obvious pump.
#CPIInLineFedWatch #AIInfraEarningsWatch #Gold4400HavenBid
Penafian: Konten OKX Orbit ini hanya disediakan untuk tujuan informasi. Selengkapnya
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