Last minute! US Annual Inflation Data Announced! April 2023 - Coinleaks
Current Date:November 7, 2024

Last minute! US Annual Inflation Data Announced! April 2023

in the United States ( USA), the annual inflation rate was 4.9 percent and the monthly inflation rate was 0.4 percent.

With its effects on the global economy, it has been on the agenda for the last two years. USA wants to reduce inflation rates in the country and increase the strength of the US dollar. In this context USA continues a long-term interest rate increase model. However, the banking crisis and recession concerns in the country, of the USA He emphasized that he should reduce the gear in the interest rate increase. In this context, the USA had increased interest rates by 25 basis points at the beginning of the month.

According to the inflation data immediately after the interest rate decision, in the USA, 2023 Aprilannual inflation percentageIt was announced that it was at the level of 4.9.

US April 2023 Inflation Data

The United States (USA), followed closely by crypto investors 2023 April announced inflation rates. Annual inflation in the US in April percentageWhile the monthly inflation rate stood at 4.9 percentageIt was 0.4.

Last month’s inflation data in the USA were announced as 5 percent annually and 0.1 percent monthly. These data led to some relief in the global economy and the cryptocurrency market. However, the Fed drew attention by saying that the war on inflation is not over yet and that the rate hike will continue.

from the later 25 bases With the effect of the one-point increase in interest rates, inflation expectations for April 2023 were shaped. Expectations, annual 5 percentlevel, while monthly 0.4 percentwas about to reach its level.

These announced inflation rates will also shed light on the Fed’s interest rate decisions in the coming periods. Fedhead Jerome powellHe said that the market will be followed for the next decisions.