Last minute! US Annual Inflation Data Announced! May 2023 - Coinleaks
Current Date:September 21, 2024

Last minute! US Annual Inflation Data Announced! May 2023

In the United States (USA), the annual inflation rate was 4.0 percent and the monthly inflation rate was 0.1 percent.

It has been on the agenda for the last week with its impact on the crypto market. USA is making an intense effort to reduce inflation rates in the country. In this context USAinterest rates continue to rise for a long time.

However, the economic situations that are talked about very often in the USA have also revealed new rumors about interest rate hikes. Many analysts think that the US will slow down in rate hikes. The US had increased interest rates by 25 basis points at the beginning of last month.

According to the inflation data immediately after the interest rate decision, in the USA, 2023Aprilannual inflation percentageIt was announced that it was at the 4.0 level.

US April 2023 Inflation Data

The United States (USA), followed closely by crypto investors 2023  May announced inflation rates. May annual inflation in the USA percentage 4.0while the monthly inflation rate 0.1 percentit happened.

Inflation expectations for May in the USA 4.1 percent rate was formed. Markets think that inflation in the USA will decrease and the subsequent interest rate decision will be determined accordingly. Looking at the situation of inflation in the previous months, it was 4.9 percent in April and 5.0 percent in March.

The new inflation rates in the USA showed a positive outlook, even below expectations.