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coinpedia 2024-08-14 12:53:55

CPI Data Drops Below 3% For First Time Since March 2021!

The post CPI Data Drops Below 3% For First Time Since March 2021! appeared first on Coinpedia Fintech News The latest data from the U.S. Bureau of Labor Statistics reveals that July’s Consumer Price Index (CPI) inflation rate has fallen to 2.9%, breaking its forecasted rate of 3%. With this drop, the U.S. CPI has broken its streak of 39 months with an inflation rate at or above 3% and the fourth consecutive month …

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