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US CPI in March was only 3.3%, lower than the forecast of 3.4%. Core CPI also beat all targets at 2.6% !
Although oil prices are driving inflation up, the better-than-expected data gives the Fed a sigh of relief and more room for interest rate cuts.
If oil prices cool down, rate cuts will heat up again → $BTC $and altcoins will have strong upward momentum.
Which month do you think the Fed will cut rates? Comment your view!
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