Positive CPI Data Increases Likelihood of FED Rate Cut and Bitcoin Price Rise

According to @CryptoMichNL, the latest CPI data is positive and slightly lower than expected. This development increases the likelihood of a rate cut by the Federal Reserve, which in turn raises the possibility of quantitative easing (QE) and upward price action for Bitcoin.
SourceMichaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast