#4月CPI数据公布# The annualized CPI for April in the U.S. is 2.3%, lower than expected. Does this mean that The Federal Reserve (FED) will accelerate rate cuts?

We will analyze and study from several aspects.
On the one hand, from the market expectations perspective, the CPI being lower than expected indeed enhances the market's confidence in the Federal Reserve (FED) cutting interest rates. The market generally believes that the easing of inflationary pressures provides more room for the FED to lower rates. After all, one of the main objectives of the FED is to maintain price stability, and when inflation is effectively controlled, appropriately lowering interest rates can help stimulate economic growth and promote employment.
On the other hand, we cannot ignore that the Federal Reserve (FED) not only considers CPI data when formulating monetary policy, but also takes into account various factors such as employment data and economic growth conditions. Although the current CPI data is performing well, if the employment data is not ideal or there are signs of slowing economic growth, the Federal Reserve (FED) may be more cautious regarding interest rate cuts.
Finally, from a technical analysis perspective, the current price trend of Bitcoin also reflects changes in market sentiment to some extent. Before the release of CPI data, the price of Bitcoin remained in a range-bound fluctuation, with reduced volume waiting for the news to land.
After the data was released, there is an overall upward breakthrough trend. Especially Ethereum's strong breakout above $2700 is enough to show that whenever there is good news, the crypto market will rally strongly. If interest rate cuts are clearly initiated, the major trend will definitely be unstoppable.
Of course, the trends in the cryptocurrency market are influenced not only by the policies of The Federal Reserve (FED), but also by various factors such as regulatory policies, technological developments, and market sentiment. However, it is undeniable that the recent CPI data being lower than expected has already shown the unstoppable upward momentum in the crypto circle.