The US announced that the CPI in January increased by 2.5% year-on-year.

This article is machine translated
Show original

The US CPI for January (unadjusted) rose 2.5% year-on-year, and the core CPI (unadjusted) also increased 2.5%.

Data released on February 13th showed that inflation continued to cool compared to the previous period and matched forecasts, a factor that often quickly impacts interest rate expectations and cryptocurrency market sentiment.

MAIN CONTENT
  • US CPI for January (unadjusted): 2.5% YoY, in line with expectations.
  • Core CPI for January (unadjusted): 2.5% YoY, in line with expectations.
  • Both the CPI and core CPI decreased compared to the previous period.

US CPI data for January

The US CPI for January (unadjusted) rose 2.5% year-on-year, in line with expectations and down from 2.7% previously.

The 2.5% figure reflects a slowdown in overall inflation compared to the previous announcement. Meeting expectations typically helps the market reassess the probability of short-term monetary policy scenarios, thereby influencing capital flows and price volatility in the cryptocurrency market.

US Core CPI data for January

The US core CPI for January (unadjusted) rose 2.5% year-on-year, in line with expectations and down from 2.6% previously.

The slight decrease in core CPI suggests that underlying price pressures continue to ease within a small range. For the cryptocurrency market, core inflation data is often closely watched because it relates to assessing the Dai of inflation, thereby impacting interest rate expectations and risk appetite.

This content is intended solely to provide market information and is not investment advice.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments