Inflation in the US was 6.5%, bitcoin has not yet decided whether this is good or bad 🤷♂️
On the one hand, inflation is falling by 0.6% and this is a good rate of decline for the second month in a row, which confirms the future easing of monetary policy from the Fed.
On the other hand, the data exactly hit the forecast, when many expected a fall in inflation stronger than the forecast and the launch of a new bull market on this news.
We are waiting for the S&P 500 trading to open, as well as comments on statistics from the Fed 🤔
Inflation in the US was 6.5%, bitcoin has not yet decided whether this is good or bad 🤷♂️
On the one hand, inflation is falling by 0.6% and this is a good rate of decline for the second month in a row, which confirms the future easing of monetary policy from the Fed.
On the other hand, the data exactly hit the forecast, when many expected a fall in inflation stronger than the forecast and the launch of a new bull market on this news.
We are waiting for the S&P 500 trading to open, as well as comments on statistics from the Fed 🤔