U.S. Inflation Cools Faster Than Forecast—April CPI Up Just 0.2%, Hits 4-Year Low
Markets exhale as inflation data undercuts Fed hawks—turns out printing trillions doesn’t always end in hyperinflation. Who knew?
Key details: Core CPI misses expectations (again), annual rate drops to lowest since 2021. Wall Street analysts suddenly ’rediscover’ the concept of transitory inflation.
The punchline? Crypto traders shrug—BTC barely budges. Because when you’re used to 10% daily swings, a little macro noise is just background static.