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Bloomberg warns everyone to be mentally prepared: This week's CPI data will be very poor, feeling like inflation has rebounded, and rate cuts are no longer possible.
🕙 CPI data release: Tuesday, January 13
⚠️ Other important events: PPI, Federal Reserve Beige Book, Federal Reserve officials' speeches
Bloomberg has already provided an interpretation:
"November inflation was underestimated by 0.2%, December just made up for this error. So this is data correction, not a re-acceleration of inflation."
At this point, aren't we all clear?
This week's CPI release, the stock market slightly dips and stabilizes, but it doesn't affect BTC.
Nothing major happening before the New Year.