U.S. March CPI Data Release (April 10): The unadjusted U.S. Consumer Price Index (CPI) annual rate for March came in at 2.4%, showing a notable decline from February's 2.8% and marking a six-month low. This figure fell short of market expectations of 2.6%.
Meanwhile, the unadjusted core CPI annual rate stood at 2.8%, declining for the second consecutive month to reach its lowest level since March 2021. The reading also missed the 3.0% consensus forecast.
Will this CPI data affect crypto prices? How should investors position themselves? Share your thoughts!