
📊 Today, the markets are focused on the U.S. inflation data, a critical day for expectations surrounding the Fed’s interest rate decision at month-end. 📌 Boston Fed President Susan Collins stated she expects some further rate increases before the end of the year. 📌 The U.S. CPI data, to be released at 15:30, is forecast to show annual inflation rising from 3.4% to between 3.6% and 3.7%. A reading above expectations could strengthen the view that the Fed may resume rate hikes. In this scenario, the dollar and U.S. Treasury yields could rise, while Bitcoin and equities may face short-term pressure. A reading below expectations could ease rate pressures and create a more favorable environment for risk assets.
