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CL_OKX
CPI came in around expectations, so there wasn’t a huge inflation surprise for the market to digest. For me, that actually makes the next Fed move more interesting because there’s no obvious signal from CPI alone that forces policymakers in either direction.
I think the focus now shifts away from just one inflation number and back toward the bigger picture jobs, wages, consumer demand and whether inflation continues moving in the right direction over the next few months. What I’m watching most is how rate expectations change from here. An in-line CPI might sound boring, but sometimes a no surprise number can still move markets once traders start thinking about what it means for the next Fed meeting.
For crypto, I’ll be keeping an eye on BTC alongside Treasury yields and the dollar. If expectations start leaning more toward easier policy, risk sentiment could become interesting again.
#CPIInLineFedWatch $BTC
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