US consumer inflation data is better than forecast! Positive for the crypto market.
- Basic (not taking into account food and energy prices) consumer price index for June - 3.3%, with a forecast of 3.4% and the previous figure of 3.4%.
- Consumer price index for June - 3.0% with a forecast of 3.1% and the previous figure of 3.3%.
The weekly number of initial applications for unemployment benefits was also released - 222 thousand, with a forecast of 236 thousand and the previous figure of 238 thousand. The labor market is still strong. For the interest rate reduction scenario, it is optimal to see an increase in applications and a weak labor market. This will push the Fed to act.