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

Last minute! US Annual Inflation Data Announced! February 2023

United States of America ( USA), annual inflation rate 6.0 percentand monthly inflation rate percentageannounced as 0.4.

The USA, one of the important actors of the turbulent period in the global economy, is trying to shape inflation with its latest interest rate decisions. As a result of this interest rate decision, February 2023inflation expectations on an annual basis 6.0 percentlevel, while the monthly expectation is, 0.4 percent level is marked. Moreover USA, January annual inflation rate 6.4 percentand January monthly inflation rate 0.5 percentas explained.

After all these processes, in the USA, February 2023annual inflation rate percentage6.0 and monthly inflation rate percentageIt was 0.4.

US Inflation Data

USA had given the message that it would stick to the interest rate decision in order to reduce inflation sharply. However, the collapse of the banks and the situation of thousands of customers affected by the banks revealed many claims. One of these claims is It was in the direction that the US would stop the rate hike.

On the other hand, the Fed signals that it will continue to increase interest rates, but that this increase will progress slowly. FedOn the other hand, a dominant approach is maintained in order for global markets to recover and inflation rates to drop sharply.

Considering the recent bank failures, fears of recession and disruptions in the financial sector, it is also on the table that a move can be made to reduce inflation. In the inflation data announced in the light of the mixed agenda in the USA, the annual inflation rate in February 6.0 percentwhile February monthly inflation rate 0.4 percent it happened. Inflation rates came in the light of expectations.