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3min chapter
MARKETS DAILY: Crypto Update | What Cooling Inflation Means for the Crypto Market
CoinDesk Podcast Network
Intro
The chapter provides insights on the latest CPI reading showing a decrease in inflation, Bitcoin's price surge, Fed Chair Powell's remarks on rate cuts, and expectations for potential rate cuts this year. Ben Emmons, the guest, shares perspectives on the CPI report's importance, the Fed's position on rate adjustments, and the favorable effect of reduced rental component on inflation.
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Discover
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Listen to the best highlights from the podcasts you love and dive into the full episode