The post US Inflation Data August CPI Rate Falls to 2.5% appeared first on Coinpedia Fintech News
August CPI inflation dropped to 2.5%, down from 3.0% last month, with Core CPI at 3.2%. Despite this decrease, markets are barely reacting, with minimal movement in crypto markets. Federal Reserve officials are expected to cut their first interest rate in over four years next week. This inflation data is the final major economic piece before that anticipated decision, highlighting a key moment for financial markets.