US Inflation Slows Down in July, Bitcoin and Ethereum Rally
July’s US consumer price index (CPI) has seen an annual rise of 8.5%, or smaller than expected, suggesting an inflation peak and potential cool-off, after hitting 9.1% in June. Bloomberg-surveyed economists estimated that inflation would show an 8.7% annual increase this July, and a 0.2% increase compared to June. Also, in July, annual core CPI - which excludes prices of food and energy - was the same as in June (5.9%) and lower than estimated (6.1%). … Read More: US Inflation Slows Down in July, Bitcoin and Ethereum Rally…
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