WS #12103
June CPI headline 3.5% (vs 4.2% prior) and core 2.6% (vs 2.9%) cooled more than expected, reducing Fed rate hike odds from 43% to 13% and boosting Bitcoin and risk assets.
US Inflation Cools, Fed Rate Hike Odds Collapse
June CPI headline 3.5% (vs 4.2% prior) and core 2.6% (vs 2.9%) cooled more than expected, reducing Fed rate hike odds from 43% to 13% and boosting Bitcoin and risk assets.