Gate.io Suggested Topics Posting Event: #CPI Data Drops#
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The U.S. March unadjusted CPI year-over-year dropped to 2.4%, down from 2.8% last month and below the 2.6% market expectation. While this signals cooling inflation, the market reaction has been muted.
How will this impact the Fed rate cut expectations and the crypto market? Share your thoughts with #CPIDataComing for a chance to win a $50 reward!
Event Time: April 11, 6:00 AM - April 12, 6:00 AM UTC
⚠️ Notes: Plagiarism is prohibi
Before the non-farm report: The probability of the Federal Reserve maintaining the interest rate unchanged in May is 60.1%.
Jin10 data on April 4: According to CME's "The Federal Reserve (FED) Watch": The probability that the Federal Reserve will keep the interest rate unchanged in May is 60.1%, while the probability of a 25 basis point rate cut is 39.9%. The probability that the Federal Reserve will keep the interest rate unchanged until June is 0, the cumulative probability of a 25 basis point rate cut is 53.2%, and the cumulative probability of a 50 basis point rate cut is 42.2%.