The market received its life line that inflation has come down lower. Is this enough to trigger interest from money markets to start heading into risk-on assets? - Of course, the market is pricing in the idea that the Fed will cut twice this year. But what the market wants is different to what the fed may want.
The bets are in for the cut...But will history repeat itself? the last time inflation came in lower, the market had dropped aggressively, given that the market is at all time highs, proof in the pudding needs to be established.
Bitcoin has managed to gain off the back of this news...Will the CPI data be good for Bitcoin? Video by Traders Reality.
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