#CPIDataIncoming Inflation data incoming—markets are holding their breath!”
Global markets are closely watching today’s release of the U.S. Consumer Price Index (CPI). This data is one of the most influential economic indicators, impacting not only traditional financial markets but also the cryptocurrency space directly.
🔸 What Is CPI?
CPI measures the average change in prices of goods and services purchased by consumers in a country.
In short, it’s known as the pulse of inflation.
Central banks—especially the U S Federal Reserve (FED)—base their interest rate decisions largely on this d