![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
U.S. consumer inflation slowed more than expected in April, offering a modest sign of relief as markets await any potential shift in Federal Reserve policy.
The Consumer Price Index (CPI) rose 0.2% last month, the Bureau of Labor Statistics reported on Tuesday. Economists polled by Dow Jones had expected a 0.3% increase.
Year-over-year, the CPI came in at 2.3%, compared to the 2.4% rise expected and March’s reading.
Core CPI, which excludes volatile food and energy prices, also rose 0.2% on a monthly basis, missing the 0.3% forecast.
Annually, core inflation rose 2.8%, matching expectations.
These figures suggest that sticky inflation is beginning to cool, which could factor into the Federal Reserve’s thinking as it makes future interest rate decisions.
While the data isn’t weak enough to warrant immediate rate cuts, it does suggest a continued cooling trend that could impact financial markets in the months ahead.
READ MORE: Pi Coin Dropped by Over 28% in the Past 24 Hours — What to Expect Next
Crypto Market Reacts After CPI
Following the release of the CPI data, the cryptocurrency market experienced a slight uptick.
Bitcoin (BTC) saw a modest increase, trading at around $103,645 by 12:15 ET, while Ethereum (ETH) also edged higher to approximately $2,503.84.
Investors appeared to interpret the slower-than-expected inflation as a positive sign, potentially decreasing the likelihood of the Federal Reserve engaging in overly aggressive interest rate hikes.
The crypto market’s response suggests that stable inflation could lead to more favorable monetary policies, which may benefit risk assets like cryptocurrencies. However, market participants remain attentive, awaiting further economic indicators to assess the Federal Reserve’s upcoming moves.
부인 성명:info@kdj.com
제공된 정보는 거래 조언이 아닙니다. kdj.com은 이 기사에 제공된 정보를 기반으로 이루어진 투자에 대해 어떠한 책임도 지지 않습니다. 암호화폐는 변동성이 매우 높으므로 철저한 조사 후 신중하게 투자하는 것이 좋습니다!
본 웹사이트에 사용된 내용이 귀하의 저작권을 침해한다고 판단되는 경우, 즉시 당사(info@kdj.com)로 연락주시면 즉시 삭제하도록 하겠습니다.