in the USA consumer price index (CPI) was announced as 6% as expected. Last month this figure 6.4%‘was. However, the percentage of core inflation on a monthly basis 0.4 to 0.5 percent’e rise Fed’s March 22It may also cause a higher-than-expected interest rate hike.
Unstoppable rise in Bitcoin
Despite the high core inflation and the risk of the Fed, the rise in Bitcoin draws attention. Within minutes of the release of inflation data 25 thousand dollars largest cryptocurrency, then 26,000 exceeded the dollar. on Ethereum 1720 dollars watching level.
historical day 22 march
As you know, next week 21-22 March FOMC meetings will be held on March 22 The US Federal Reserve’s interest rate decision will be announced on the same day. While Goldman Sachs wrote in its latest report that it does not expect any rate hikes by 0 basis points, many banks’ investment teams also 25 bases he’s arguing in favor of points. It is also worth remembering that the expectations were 50 basis points last week. Now USA In the economy, anything can change at any time.