Inflation in the United States turned out to be higher than expected. Bitcoin reacted with a decline

Inflation in the United States turned out to be higher than expected. Bitcoin reacted with a decline

In January, inflation in the United States slowed down. The CPI index was 3.1% year-on-year.

In January, the US inflation index was 3.1%. The indicator was ahead of the forecast of 2.9%, but turned out to be better than a month earlier — 3.4%.

Experts noted that a lower rate of movement towards the target value of 2% may affect the Fed's policy regarding the key rate.

In the forecast markets, expectations have decreased to four declines during 2024, compared with six a month ago.

Source: https://forklog.com/news/inflyatsiya-v-ssha-okazalas-vyshe-prognozov-bitkoin-otreagiroval-snizheniem

Read More