Quick Take
- CPI for March was in line with expectations and forecasts
Core CPI YOY:
- The Core CPI for February was 5.5%
- The forecast for the month of March was 5.6%
- March Core CPI was in line with expectations at 5.6%
CPI YOY:
- The CPI for February came in at 6%
- The forecast for March was 5.1%
- March CPI came in slightly below expectations at 5.0%
Bitcoin has reacted positively and is now trading at $30,300 as of press time.
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Source: https://cryptoslate.com/insights/cpi-beats-expectations-bitcoin-reacts-positively-to-over-30300/