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LowestCPI2021
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The U.S. July Core CPI drops to 3.2%, the lowest since April 2021, marking its fourth consecutive decline. The overall CPI also dipped to 2.9%, returning to the 2% range for the first time since March 2021. What does this mean for inflation and the economy? Share your insights! 📊💬
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U.S. July Core CPI Falls to Lowest Level Since April 2021According to Odaily, the United States' unadjusted core Consumer Price Index (CPI) for July has decreased to 3.2% year-on-year, marking the fourth consecutive month of decline. This is the lowest level since April 2021 and aligns with market expectations.Additionally, the unadjusted CPI for July stood at 2.9% year-on-year, also experiencing a fourth consecutive month of decline. This is the first time since March 2021 that the CPI has returned to the 2% range, with market expectations set at 3%.

U.S. July Core CPI Falls to Lowest Level Since April 2021

According to Odaily, the United States' unadjusted core Consumer Price Index (CPI) for July has decreased to 3.2% year-on-year, marking the fourth consecutive month of decline. This is the lowest level since April 2021 and aligns with market expectations.Additionally, the unadjusted CPI for July stood at 2.9% year-on-year, also experiencing a fourth consecutive month of decline. This is the first time since March 2021 that the CPI has returned to the 2% range, with market expectations set at 3%.
🚨🚨 𝗧𝗵𝗲 𝗖𝗿𝘆𝗽𝘁𝗼 𝗠𝗮𝗿𝗸𝗲𝘁 𝗖𝗼𝘂𝗹𝗱 𝗥𝗶𝘀𝗲 𝗼𝗿 𝗙𝗮𝗹𝗹 𝗧𝗼𝗱𝗮𝘆👇 The #FOMC meeting will begin on December 18, 2024 at 11:30 pm (IST). There is a 98.5% chance of a 25 bps interest rate cut at the FOMC meeting. In my opinion #Crypto market will get a boost if the Fed cuts interest rate by 25 basis points. #CPI_BTC_Watch #LowestCPI2021 #CPIdata
🚨🚨 𝗧𝗵𝗲 𝗖𝗿𝘆𝗽𝘁𝗼 𝗠𝗮𝗿𝗸𝗲𝘁 𝗖𝗼𝘂𝗹𝗱 𝗥𝗶𝘀𝗲 𝗼𝗿 𝗙𝗮𝗹𝗹 𝗧𝗼𝗱𝗮𝘆👇

The #FOMC meeting will begin on December 18, 2024 at 11:30 pm (IST).

There is a 98.5% chance of a 25 bps interest rate cut at the FOMC meeting.

In my opinion #Crypto market will get a boost if the Fed cuts interest rate by 25 basis points.

#CPI_BTC_Watch #LowestCPI2021 #CPIdata
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