U.S. CPI Report Release: April Inflation Data and Market Implications
The U.S. Bureau of Labor Statistics is set to release the April Consumer Price Index (CPI) data today at 8:30 A.M. Eastern Time. This key inflation metric will be closely watched by investors and policymakers alike, as it could influence the Federal Reserve’s monetary policy trajectory.
Market participants across asset classes—including cryptocurrencies—are bracing for potential volatility. A hotter-than-expected print may reinforce hawkish Fed expectations, while cooler numbers could revive risk appetite. The timing coincides with Asian trading hours (6 PM IST), ensuring global market participation.