US CPI Expected to Show Cooling Inflation, Live Updates Today

The US Consumer Price Index (CPI) report is scheduled for release today at 8:30 AM ET. Investors are closely watching for any signs of cooling inflation, as this data could signal a potential turning point in the Federal Reserve’s monetary policy direction. Economists anticipate a CPI reading of 2.5%, down from the previous month’s 2.8%. The report will provide insights into the state of inflation and may influence market trends, particularly for Bitcoin and broader asset classes. Key levels to watch include: below 2.8% is bullish, at 2.8% is neutral, and above 2.8% is bearish. Any movement in the CPI data could signal a significant shift in market sentiment.