BREAKING NEWS 🔥 Critical Inflation Data Announced in the US! Is It Good or Bad for Bitcoin?
The US inflation data, which the FED is closely following, has been announced.
As of today, the agenda of the cryptocurrency sector and traditional financial markets was the inflation data coming from the US. It is known that the monetary policy and interest rate decisions of the US Federal Reserve (FED) are shaped according to CPI data.
Critical inflation data was announced in the United States (US) in the past minutes. Here are the latest CPI data from the US:
US Annual Consumer Price Index (CPI):
Previous: 2.9%
Expected: 2.5%
Announced: 2.5%
US Monthly Consumer Price Index (CPI):
Previous: 0.2%
Expected: 0.2%
Announced: 0.2%
US Annual Core Consumer Price Index (CPI):
Previous: 3.2%
Expected: 3.2%
Announced: 3.2%
US Monthly Core Consumer Price Index (CPI):
Previous: 0.2%
Expected: 0.2%
Announced: 0.3%
Inflation data in the US was announced in line with expectations. The fact that the data came in line with expectations naturally reduced its impact on financial markets.
