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coinpedia 2023-08-10 13:00:53

US CPI Report Update: Inflation Rate Rises To 3.2% – Bitcoin Price Trading Below $30K

The post US CPI Report Update: Inflation Rate Rises To 3.2% – Bitcoin Price Trading Below $30K appeared first on Coinpedia Fintech News The recent report from the Bureau of Labor Statistics has indicated a slight increase in US headline inflation for the month of July, marking a rise of 0.2% from the previous month. This development strengthens the case for the Federal Reserve to maintain steady interest rates at its upcoming meeting in September. The year-over-year increase …

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