The U.S. CPI(YoY) was less than expected. But,
The 🇺🇸 CPI(Consumer Price Index) (MoM, Month over Month) is -0.1%.
Last night, the U.S. stock markets and the crypto market were bullish for a while. As time goes by, these markets went down. Is it related to the CPI (MoM) is minus?
Is the minus CPI (MoM) an early sign of a recession? If yes, market participants might be worried about the possibility of a recession.
The U.S. bond yields have plunged after releasing the actual data of the CPI. It seems that the first federal funds rate cut is not far from here 🤔 The time for assets is coming 📈
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