Hello friends of Project Hope, I hope you are all well, today I want to share with you a vision of what could happen tomorrow in the market, given that the results of the CPI or inflation of the United States will be given, and Knowing that this is the strongest economy on the planet and that it is the one that determines what happens in the global economy, given that the dollar continues to be the main reserve currency, and the one that is most used in international trade, surely What comes out tomorrow will have a global impact.

Will this affect the crypto market?, surely. Bitcoin and the entire crypto market are supposed to be outside the traditional market, but I have been able to notice that for some time now what is happening in the traditional economy continues to strongly affect the crypto environment, even more so when we talk about macroeconomic news such as inflation, which will determine, or at least that is what is thought, what will happen with the interest rate, in terms of the number of points that will go down, which is what is yet to be defined, whether it will be 0.25% or 0.50%.

According to data reflected in Forex Factory, we see that previous inflation data was 2.9%, which speaks of a substantial decrease, especially if we compare it with data from a year ago, it was above 5%. But for tomorrow, Wednesday, September 11, 2024, at 830 am (New York time), it is expected to drop to 2.6%, which would be very good for different reasons.

On the one hand, it would be talking about inflation going down, which is what the Federal Reserve or Central Bank of the United States has been trying for a couple of years with its restrictive monetary policy. And on the other hand, it means that the interest rate could drop 0.5%, which is currently at 5.5%. That is, it means that monetary policy would stop being so restrictive, although in reality the interest rate would still remain quite high.

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So, it is likely that if inflation comes out below the previous figure, the market response will be quite positive, but if it comes out as expected, or lower than expected, we will most likely have a great positive response from the markets. , anticipating the drop in the interest rate, assuming that it will be at least 0.5%.

And logically, if it happens that it comes out equal to the previous data or comes out above it, then we could expect a negative response from the markets. But this is just speculation on my part, obviously, and anything can happen, but I am just sharing my perspective, which I do not intend in any way to be an investment recommendation, each person must learn to read the markets in their own way and, if they decide invest, do so at your personal discretion. Greetings.

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_{Recently project.hope sent me 1000 Steem erroneously to my Wallet, which I returned immediately, for this reason the accounts for club5050 do not add up, but I am in club, since I was obviously not going to make a Power Up of 500 Steem to have to pay them by taking them from somewhere else.}

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