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Cooler-Than-Expected CPI Data Shakes Crypto Markets as Fed Rate Cut Speculation Intensifies
Cooler-Than-Expected CPI Data Shakes Crypto Markets as Fed Rate Cut Speculation Intensifies
20
2
BTCCSquare news:
US inflation data delivered a surprise to markets, with the Consumer Price Index rising just 3.0% year-over-year against expectations of 3.1%. The softer print immediately rippled through digital asset markets, reigniting debates about the Federal Reserve's potential path toward monetary easing in 2025.
Cryptocurrencies exhibited heightened volatility following the release, as traders recalibrated positions based on shifting interest rate expectations. The data strengthens the case for at least three Fed rate cuts next year, though policymakers remain cautious about declaring victory over inflation.
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