The inflation data for Germany for December has just arrived. The year-on-year CPI stood at 1.8%, exactly in line with the previous month and also in accordance with market expectations.
This result maintains stability in the German inflation outlook. For the crypto ecosystem, these numbers are significant: the monetary policy of the European Central Bank continues to be influenced by price trends in the eurozone's largest economy. When inflation remains controlled and predictable, there tends to be less pressure for abrupt adjustments in interest rates, which generally benefits risk assets like cryptocurrencies.
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GasWaster
· 4h ago
Look, controlled inflation = surprise-free rates = our assets breathe easy, that's how simple it is 📈
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ThreeHornBlasts
· 4h ago
1.8%? That's too stable. Now the European Central Bank has no reason to hard land. Looking forward to the subsequent market trend.
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MissedTheBoat
· 4h ago
1.8%? That's very stable. BCE has no reason to cause trouble in the short term now.
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FarmHopper
· 4h ago
1.8%? That's too stable. Now the ECB has no reason to arbitrarily change interest rates. Bitcoin can breathe a sigh of relief.
The inflation data for Germany for December has just arrived. The year-on-year CPI stood at 1.8%, exactly in line with the previous month and also in accordance with market expectations.
This result maintains stability in the German inflation outlook. For the crypto ecosystem, these numbers are significant: the monetary policy of the European Central Bank continues to be influenced by price trends in the eurozone's largest economy. When inflation remains controlled and predictable, there tends to be less pressure for abrupt adjustments in interest rates, which generally benefits risk assets like cryptocurrencies.