Q: What does core CPI of 0.3% month-over-month mean?
A: Core CPI of 0.3% month-over-month was above the market estimate of 0.2%, indicating that underlying inflation pressure, excluding energy and food, remains resilient. This data supported expectations that the FED would maintain a hawkish stance in September.
$BTC
#CPIWatch
A: Core CPI of 0.3% month-over-month was above the market estimate of 0.2%, indicating that underlying inflation pressure, excluding energy and food, remains resilient. This data supported expectations that the FED would maintain a hawkish stance in September.
$BTC
#CPIWatch