Just now, the CPI hit a three-year low! Bitcoin responded with a big pump!
The market reacted sharply: the US dollar and US Treasury yields fell significantly, while risk assets like Bitcoin rebounded strongly. The more critical trend signal is: the annualized inflation level has approached the Federal Reserve's 2% target in the past three months. This data has largely dispelled market concerns about maintaining a tight policy, and expectations for interest rate cuts are expected to further heat up.
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Just now, the CPI hit a three-year low! Bitcoin responded with a big pump!
The market reacted sharply: the US dollar and US Treasury yields fell significantly, while risk assets like Bitcoin rebounded strongly.
The more critical trend signal is: the annualized inflation level has approached the Federal Reserve's 2% target in the past three months. This data has largely dispelled market concerns about maintaining a tight policy, and expectations for interest rate cuts are expected to further heat up.