72 HOURS to US INFLATION: how crypto markets will react and why. [ANALISI SEMPLICE]

Wednesday 12 June will not only be the day of the FOMC, the meeting that decides rates in the USA. The much feared ones will also arrive data on theinflation. These are important data, because monetary policy decisions in the USA, the most important globally, depend on them.

These are data that also concern Bitcoin and cryptocurrencies and in this in-depth analysis we will analyze them expectations on the data, which will then move the markets on Wednesday. If you’re not very familiar with inflation and want to understand how it works and why – and even how markets might react, you’re in the right place.

You will be able to follow the terrible dayas we already defined it yesterday, also on ours Telegram channel. Enter now to not miss all the most important news for the crypto and Bitcoin world.

US inflation: everything you need to know

Here you will find the summary – which we recommend saving – on everything you need to know for the next US inflation data.

When: Wednesday 12 June, 2.30pm Italian time

The appointment is for 2.30pm Italian time on Wednesday 12 June. It will be a very special day, because after a few hours, at 8:00 pm, the decision on US interest rates will also arrive. It’s a coincidence that things happen on the same day. In addition, the FOMC (the meeting that decides rates) will certainly not be influenced much by the data arrived a few hours earlier.

They are the most important thing. Markets and analysts formulate analyzes and predictions on what will happen for this type of data. For inflation on June 12th the expectations are as follows:

GIVEN	EXPECTATION	PREVIOUS
CPI year on year	+3.4%	+3.4%
CPI month over month	+0.1%	+0.3%
Core CPI year-over-year	+3.5%	+3.6%
Core CPI month over month	+0.3%	+0.3%

Inflation expectations and data from the previous month.

How to compare expectations and real data

Now that we know the expectations, how do we compare them to the actual data that will arrive on Wednesday?

GIVEN

EXPECTATION

DATA EXCEEDS EXPECTATIONS

DATA LOWER THAN EXPECTATIONS

CPI year on year

+3.4%

Crypto and Bitcoin

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