Results for the US Consumer Price Index (CPI) have been released."

The US Consumer Price Index (CPI) exceeded expectations, but the US stock market closed higher and the cryptocurrency market showed a similar trend. While rising prices are good news, the slowdown in the rate of decline in prices does not look good, but the market is interpreting it positively. We hope that next month's CPI will go down further, as it may lead to the Fed holding interest rates steady or increasing by only 25 basis points at the next FOMC meeting.