CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
coinpedia 2023-08-10 13:20:50

CPI Report: With U.S. Inflation Lower Than Expected, How Is The Crypto Market Reacting?

The post CPI Report: With U.S. Inflation Lower Than Expected, How Is The Crypto Market Reacting? appeared first on Coinpedia Fintech News The July Consumer Price Index (CPI) data released today indicates that U.S. inflation rose to 3.2%, slightly below the expectations of 3.3%. The Core CPI inflation now stands at 4.7%, also under the anticipated 4.8%. The figures mark the first monthly increase in CPI inflation since July 2022, sparking a reaction in the financial and …

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.