
🚨 U.S. inflation came in above expectations. 📌 CPI (Annual): 3.7% (Expected: 3.6% | Previous: 3.4%) 📌 Core CPI (Annual): 2.6% (Expected: 2.5% | Previous: 2.4%) Both headline and core inflation exceeded expectations. This data could strengthen expectations that the Fed may keep interest rates elevated for longer—or even raise them again if necessary. It would not be surprising to see an initial rally in the U.S. dollar and Treasury yields, alongside selling pressure in Bitcoin and equities.
