Bitcoin Price Reacts as US CPI for July Comes in Below Expectations
The highly anticipated US Consumer Price Index numbers for July are out, and they show that inflation in the largest economy is lower than previously expected.
The regular CPI came in at 2.7% year-over-year, compared to the 2.8% estimate provided by the experts. The Core CPI, which excludes volatile sectors such as energy and food, is 3.1% (0.1% higher than previously thought).
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Bitcoin Price Reacts as US CPI for July Comes in Below Expectations
The highly anticipated US Consumer Price Index numbers for July are out, and they show that inflation in the largest economy is lower than previously expected.
The regular CPI came in at 2.7% year-over-year, compared to the 2.8% estimate provided by the experts. The Core CPI, which excludes volatile sectors such as energy and food, is 3.1% (0.1% higher than previously thought).
Read More