Inflation figures, a key data for crypto currency investors, have been announced. We have seen the lowest increase since February 2021 on an annual basis. This shows that the Fed is now about to achieve its goal. In many ways Fed Now Crypto Coins Ready to take the expansion steps to relax. So what details are important in the inflation report? What awaits crypto coins?
US inflation and interest rates
For this year, the markets are waiting for 2 interest rate reductions in September and October. Although the decline in inflation continues, it weakens about the tariffs, but the concerns that go on push the Fed to be cautious.
Alright inflation What’s the details of the report? First of all, the housing index represents approximately half of the increase in all items with an increase of 0.3 in April. The energy index increased by 0.7 percent to the month, as the natural gas index and electrical index compensate for the decrease in the gas index in the gas index. The food index decreased by 0.1 percent, while the food index at home decreased by 0.4. The food from the outside increased by 0.4.
The change in April has been the smallest 12 -month increase in all Pencils Index since February 2021. All Pencils Index except Food and Energy increased by 2.8 percent in the last 12 months.
The biggest decline in the 12 -month period was in the percentage of energy, gasoline items.
The food index at home increased by 2.0 percent in the last 12 months. Meat, poultry, fish and egg index increased by 7.0 percent in the last 12 months, while the egg index increased by 49.3 percent. While the non -alcoholic beverages index increased by 3.2 percent in the same period, the other foods in the house increased by 0.7 percent.
Crypto Coins
Inflation If you had triggered or triggered price increases from the front to a large extent with the concern of the tariffs, we would see it in April data. Today, the April data tells us that it does not cause big problems about the front price loading tariffs. This is quite good because we should not see new tariff -related things in May, June and July, since 90 -day tariff is a month with China this month.
On the other hand, the congress works intensively on issues such as tax exemption to help the cash abundance. FedIt is not surprising that it takes more relaxation steps as it progresses on the inflation target route and supports crypto currencies.
When we collect all these, the current appearance is 2 or more interest rates this year Your crypto coins It shows that you can live a good rise environment. In May and June period, if the volumes do not fall, sell and vacation does not dominate the BTC, while the BTC tests the new AC level, the subcoins can run to new summits.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
