August CPI inflation falls to 2.5%, in-line with expectations of 2.5%.

Core CPI inflation was unchanged at 3.2%, in-line with expectations of 3.2%.

This marks the lowest annual inflation rate since March 2021.

The first rate cut since 2020 is coming next week.

Bullish for #Bitcoin.

Reply to this note

Please Login to reply.

Discussion

No replies yet.