#CPI Data Incoming The US Core CPI data is expected to significantly impact the financial markets, particularly the US dollar and cryptocurrency. Here's what you need to know¹:
Expected CPI Reading
- Economists anticipate a 0.3% increase in the March Core Consumer Price Index, slightly lower than February's 0.4% figure.
Impact on Markets
- If the CPI reading comes in higher than expected, the US dollar could regain strength.
- Conversely, if the data aligns with or falls short of expectations, the dollar may remain under pressure, potentially boosting EUR/USD and other major currencies.
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