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US CPI Meets Expectations, Locks In 25 Bps Rate Cut As Bitcoin Pulls Back
['Steven Walgenbach', 'Updated']
InsideBitcoins.com
Polymarket September rate cut contract (Source: Polymarket)Conversely, odds of 50 bps rate cut plummeted from 18.9% to 9.1% before rising to 14%.
A soft jobs report on Friday and Wednesday’s weak PPI numbers had boosted bets on a bumper rate cut this month.
Well-known Bitcoin investor Lark Davis also said that “rate cuts are confirmed!”𝗝𝗨𝗦𝗧 𝗜𝗡: US CPI comes in at 2.9%, as expected.
Rate cuts are confirmed!
pic.twitter.com/iiEVtDi5AK — Lark Davis (@TheCryptoLark) September 11, 2025An interest rate cut will lower borrowing costs and boost liquidity, and typically encourages more bets on riskier asset classes such as cryptocurrencies.
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