Cooler CPI supports risk-on: inflation slows to 3.5%, bolstering the case for Fed cuts

A softer CPI print is giving risk assets fresh momentum. Headline inflation eased to 3.5%, undershooting the 3.8% forecast and falling from 4.2%, reinforcing expectations for Federal Reserve rate cuts. Markets across equities, gold and $BTC are taking note. Will $BTC set the pace for the next leg higher? Trade now.