Hi Traders Since the CPI came in higher than expected (0.5% vs 0.3%), this signals continued inflationary pressures, which may lead the Federal Reserve to delay interest rate cuts or even consider raising them if inflation continues to rise.
The dollar could gain strength 💪 due to expectations that the Fed will remain hawkish. Markets may experience significant volatility ⚠️, especially in dollar pairs and U.S. indices.