MENGAL
vip

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 cryptocurrency markets.


The slight uptick in inflation can be seen as a signal of economic stability, but it also leaves analysts divided over the potential impacts on monetary policy and market behavior. Despite the increase, the lower-than-expected results may give the Federal Reserve more flexibility in its interest rate policies.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)