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#CPI Data Incoming# Today, the eyes and ears of the markets are on the upcoming CPI (Consumer Price Index) data. This data, which keeps track of the pulse of Inflation, is one of the most followed indicators not only by economists but also by investors. Because the direction of CPI can affect everything from central bank interest rate policies to crypto and exchange movements.
If a CPI comes in below expectations, it could be a positive signal for the markets. In particular, expectations for interest rate cuts may increase, and upward movements could be seen in risky assets, including (crypto!). However, if the CPI comes in high, it means that hawkish policies will continue, and the markets generally do not like this 😅.
In such days, there is a lot of volatility in the markets, but staying calm and sticking to your strategy is the best approach. Remember that data comes and goes, but patient investors win 💫
IT IS NOT INVESTMENT ADVICE
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