The CPI(Consumer Price Index) YoY(Year of Year) will be released soon. The Cons(Consensus) is 3.4%. If the forecast is accurate, the Fed may delay the 1st federal funds rate cut. We will see the interest rate pause for a long time.
Many market participants anticipate that the 1st rate cut will start at June this year. I hope that we will see the 1st cut soon.
The rate cut will be affecting the crypto market. If there's no recession with the 1st cut, it will be fuel for a bullish market.
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