Reed on Nostr: CPI comes in HIGHER than expectations. Tough for Powell to justify rate cuts in the ...

CPI comes in HIGHER than expectations. Tough for Powell to justify rate cuts in the near term now. Interesting times ahead, stay safe friend.

quoting nevent1q…8v0w

⚡️🇺🇸 The announcement of US inflation is expected to bring high volatility to the markets today.

An easing of inflation could fuel a Bitcoin rally, according to 10x Research.

Previous: 2.9%.

Top predictions:
🔸 Kalshi: 2.9%.
🔸 Bank of America: 2.8
🔸 Barclays: 2.9
🔸 BNP Paribas: 2.9
🔸 Citigroup: 3.0%
🔸 Goldman Sachs: 3.0 %
🔸 Morgan Stanley: 2.9%
🔸 UBS: 3.0%
🔸 Wells Fargo: 2.9%