The U.S. Consumer Price Index (CPI) rose 3.7% year-over-year in August, slightly higher than the 3.6% forecast by economists. Core inflation, which excludes the volatile costs of energy and food, continued to trend downward, recording a year-over-year increase of 4.3%, down from the 4.7% last month.
Mixed Inflation Signals: Bitcoin Remains Resilient
Mixed Inflation Signals: Bitcoin Remains…
Mixed Inflation Signals: Bitcoin Remains Resilient
The U.S. Consumer Price Index (CPI) rose 3.7% year-over-year in August, slightly higher than the 3.6% forecast by economists. Core inflation, which excludes the volatile costs of energy and food, continued to trend downward, recording a year-over-year increase of 4.3%, down from the 4.7% last month.