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CPI announced 3.5%, directly to the expectation of a rate cut in June, and even endangered the interest rate cut in July, the last time the Federal Reserve released a dot plot showing 3 rate cuts this year, but the current market reaction may be difficult to even drop 2 times.
On the one hand, the entry of institutions has created BTC to break through the previous high in only half a year, and the trading volume of OTC ETFs has reached $200 billion in just two months.
On the other hand, the U.S. economy has actually improved in the face of the Fed's continued high interest rates, forcing the Fed to repeatedly postpone interest rate cuts, and even want to raise interest rates?