🗽Inflation in the USA amounted to 3.
1% with a forecast of 2.9%

🇺🇸CPI consumer inflation data for January:

🔻m/m = +0.3% (expected +0.2% / previously +0.3%)
🔻y/y = ++3.1% (expected +2.9% / previously +3.4%)
🔻Base CPI = +3.9% y/y (expected +3.7% / previously +3.9%)

⭕️Following the publication of US consumer price index data, markets now expect that the Fed will not cut interest rates until June.

📊Now the probability that the FOMC will leave interest rates unchanged in March has increased to 92%, while on January 29 it was only 53%.

📉BTC became sad from such data and went into a slight correction.

@cryptover1
🗽Inflation in the USA amounted to 3. 1% with a forecast of 2.9%

🇺🇸CPI consumer inflation data for January:

🔻m/m = +0.3% (expected +0.2% / previously +0.3%)
🔻y/y = ++3.1% (expected +2.9% / previously +3.4%)
🔻Base CPI = +3.9% y/y (expected +3.7% / previously +3.9%)

⭕️Following the publication of US consumer price index data, markets now expect that the Fed will not cut interest rates until June.

📊Now the probability that the FOMC will leave interest rates unchanged in March has increased to 92%, while on January 29 it was only 53%.

📉BTC became sad from such data and went into a slight correction.

@cryptover1