- Inflation has reached troubling levels globally for the first time since the early 1980s.
- The U.S. Federal Reserve is tightening monetary conditions to bring inflation down.
- U.S. consumer prices rose 7.9% in February over the previous February – an annual rate much higher than the 2.1% average in 2018 and 2019.
- Fed Chair Jerome Powell said that U.S. inflation is cooling, though it isn’t yet time to cut rates.
#US_Inflation_Easing_Alert #BinanceTournament #TreasuryDepartment #inflation $BNB $BTC $ETH
