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US Politics

US Politics

Crypto Market Awaits US CPI Figures As Fed Rate Cut Hopes Fade

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Summary
Nutrition label

76% Informative

May US CPI inflation data will be released on June 11 .

Inflation data in line with or below expectations is usually bullish for the crypto market.

CME FedWatch data shows that the Fed is unlikely to cut rates in the first half of this year .

The incoming data could further make a case for rate cuts in the second half of the year .

VR Score

68

Informative language

62

Neutral language

56

Article tone

formal

Language

English

Language complexity

35

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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