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US Inflation Falls to 2.8%, Lower Than Expectations

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US inflation data released just today, right now, shows a decline to 2.8%, which is actually below the expected 2.9% rate. This latest US inflation figure essentially represents a softening from January’s 3% reading, potentially catalyzing upcoming Fed interest rate decisions and also providing much-needed relief for various major sectors of the US economy. BREAKING: US inflation falls to 2.8%, lower than expectations. — Watcher.Guru (@WatcherGuru) March 12, 2025 Also Read: Shiba Inu Crashes 43%: Time to Buy the Dip & Become Rich? How Inflation Data Impacts US Economy & Fed Interest Rates Source: Forbes The US Bureau of Labor Statistics, at the time of writing, reported that the Consumer Price Index (CPI) rose just 0.2% month-over-month in February, following January’s more substantial 0.5% increase. Core US inflation, excluding several key volatile food and energy prices, came in at 3.1% yearly, below what analysts had expected at 3.2%. Fed Chair Jerome Powell stated: ...

How Bitcoin and Crypto Prices Will React to FOMC Minutes, CPI Inflation – is the Market Bottom Near?

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Source: Adobe Stock Bitcoin, and crypto prices more generally, have been treading water this week, but that could change from today as producer price index (PPI) inflation data and FOMC minutes are released. First up to disturb the market from its slumber is the US PPI data, a measure of inflation at the factory gate.  Any sign of cooling will be treated as confirmation of the need for the Fed to ease off on interest rate rises. Such an outcome would light a fire under stocks and crypto prices. Conversely, if producer price inflation continues to heat up, then expect risk assets to resume their sell-off.  PPI inflation comes in lower than August reading Well the data is in and Core PPI month-on-month rose at double the level expected, by 0.4% as opposed to the 0.2% forecast.  Meanwhile, year-on-year headline PPI was 8.5%, hotter than the 8.4% forecast, although that is down from 8.7% in the previous month (August) – and that last point seems, ini...