Annual US inflation falls to 2.5% as monthly CPI increases 0.2%, Bitcoin initially remains stable

Liam ‘Akiba’ Wright

Today’s US inflation data showed a slight uptick in August, with the Consumer Price Index (CPI) rising 0.2% monthly. Year-over-year data is at 2.5%, down from 2.9% and a consensus of 2.6%. The core CPI, which excludes volatile food and energy prices, increased 0.3% month over month and held steady at 3.2% year over year. Despite […]

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Annual US inflation falls to 2.5% as monthly CPI increases 0.2%, Bitcoin initially remains stable