CPI Data to Challenge Disinflation Optimism: Insights to Watch | Bitcoin Trading Signals

CPI Data to Challenge Disinflation Optimism: Insights to Watch For This Week
https://beincrypto.com/cpi-data-challenge-disinflation-optimism-crypto/

Get ready for a packed economic calendar as investors focus on key inflation data with the release of the January Consumer Price Index (CPI) from the Bureau of Labor Statistics. Economists predict a 0.5% MoM increase, but a decrease in the annual headline number to 6.2%. The core CPI, a metric closely monitored by the Fed, is expected to rise 0.4% MoM. Retail sales and Producer Price Index (PPI) also due this week. Despite last week's market dip, equity markets remain strong with potential for a Fed rate hike pause.
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