🇺🇸 At 2:30 PM, the U.S. inflation data (CPI) will be released—and the market again expects a hot number. 📊 Consensus from Investing: - CPI m/m: +0.6% (previous 0.9%) - CPI y/y: 3.7% (previous 3.3%) - Core CPI m/m: +0.3% (previous 0.2%) - Core CPI y/y: 2.7% (previous 2.6%) 🏦 Major banks are in line: The WSJ median forecast also shows 3.7% headline CPI and 2.7% core CPI. Some institutions, such as Wells Fargo and Deutsche Bank, even anticipate even stronger numbers. ➡️ Implication: Any data above expectations could pressure risk assets and crypto. Lower-than-expected inflation, by contrast, could trigger the next risk-on move. 🎙️ I’ll be live on Crypto Wall Street starting at 2:00 PM, tracking the data in real time. 🚨📈
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