The Federal Reserve to Release July CPI Data, Core CPI Annual Growth Expected to Reach 3.1%
According to ChainCatcher, citing Jinshi News, Federal Reserve mouthpiece Nick Timiraos stated that July CPI data will be released this week. Core CPI is expected to rise by 0.31%, bringing the annual increase to 3.1% (compared to 2.9% in June and 2.8% in May). Overall inflation is also projected to rise by 0.24%, with the annual rate reaching 2.8%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitdeer mined 122.4 BTC this week, increasing its total bitcoin holdings to 2,141.1 BTC
Ethena withdraws $7.05 million worth of ENA from an exchange, currently holding ENA valued at $100 million in total
Trending news
MoreCrypto prices
More
