CPI beats expectations; Bitcoin trading over $30k

Quick Take

• CPI for March was in line with expectations and forecasts

Core CPI YOY:

• The Core CPI for February was 5.5%
• The forecast for the month of March was 5.6%
• March Core CPI was in line with expectations at 5.6%

CPI YOY:

• The CPI for February came in at 6%
• The forecast for March was 5.1%
• March CPI came in slightly below expectations at 5.0%

Bitcoin has reacted positively and is now trading at $30,300 as of press time.

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