CPI Print/FOMC Meeting! (E20)

The upcoming CPI print release suggests that inflation may increase due to rising wages, which could lead the Fed to maintain or even raise interest rates for an extended duration. There are two potential outcomes to consider: If the CPI prints higher, rates will likely remain steady or increase, causing SPY to retrace below the 520 level and BTC to potentially follow suit. On the other hand, if the CPI prints lower, the Fed may announce rate cuts, prompting the market to break out above the 520 level. What are your thoughts on this matter? Email us we’d love to hear from you…