X @Michaël van de Poppe
Michaël van de Poppe·2025-12-18 14:01
A strong read on CPI today.CPI YoY: 2.7% vs. 3.1% expectedCore CPI YoY: 2.6% vs. 3.0% expectedA big miss, and a miss that's showing that inflation is cooling down.Strong signal for the markets, and given that the Bank of Japan rate hike is already priced in, we might be due for some green candles on risk-on assets like #Bitcoin. ...