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US CPI In Focus After Jobs Data Dampens 50 BPS Fed Rate Cut Hopes

US CPI In Focus After Jobs Data Dampens 50 BPS Fed Rate Cut Hopes


CoinGape
2024-10-06 02:30:43

The crypto market is waiting for the US Consumer Price Index (CPI) data, which is scheduled to be released later this week. The data, crucial to understanding the inflationary pressure in the economy, would be closely watched by investors, especially after the gloomy US Job data weighed on market sentiment. The stronger-than-anticipated nonfarm payroll data The post US CPI In Focus After Jobs Data Dampens 50 BPS Fed Rate Cut Hopes appeared first on CoinGape .


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