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Alternative inflation data shows sharp cooling in US CPI amid Fed uncertainty

The Cointelegraph β€‹

Cryptocoins News / The Cointelegraph β€‹ 12 Views

Alternative inflation data shows sharp cooling in US CPI amid Fed uncertainty

Real-time Truflation data show US price pressures easing, a shift that could reshape expectations for Fed policy and influence cryptocurrency and risk-asset markets.

Alternative inflation data is pointing to a sharp cooling in US prices, reinforcing the case for interest rate cuts and carrying broader implications for risk assets, including cryptocurrencies.

After the Federal Reserve paused rate cuts last week and signaled no clear path to near-term cuts, real-time inflation data suggest policymakers may be out of sync with rapidly improving price conditions.

Truflation, an alternative inflation tracker that aggregates millions of daily price points from tens of independent data providers, showed broad-based cooling across its US inflation indexes.

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