المنشور

CPI is back in focus and this time I think the market reaction could be more interesting than the number itself. A softer inflation print would normally strengthen the case for Fed rate cuts, which could improve sentiment across risk assets. But with traders already constantly adjusting their rate expectations, the bigger question for me is how much of that optimism is already priced in? If CPI comes in hotter than expected, we could see rate cut expectations pushed back again. That could quickly change the mood across stocks, bonds and crypto. On the other hand, a cooler reading may give markets another reason to lean toward easier monetary policy. Personally, I’ll be watching BTC Treasury yields and the dollar right after the release. The first reaction can be noisy so I’m more interested in where the market settles once everyone has had time to digest the data. #CPIToResetFedBets $BTC