Not as high as consensus. Govt played with CPI calculations already, and Fed can't raise rates much longer. US govt can't afford debt service as it is.

siggy47

247bf84fda

New CPI data (price inflation data) comes in today - Tuesday, February 14th.

Background: Higher CPI generally correlated with downside for equities / Bitcoin, and Bitcoin has had an increasing correlation with Nasdaq in recent weeks.

bitcoin

New CPI data (price inflation data) comes in today - Tuesday, February 14th. 

Background: Higher CPI generally correlated with downside for equities / Bitcoin, and Bitcoin has had an increasing correlation with Nasdaq in recent weeks. 

https://www.fxstreet.com/cryptocurrencies/news/bitcoin-holders-brace-for-impact-as-btc-correlation-with-stocks-increases-ahead-of-us-cpi-release-202302140754

What is your prediction? 