in the United States ( USA), July 2023annual inflation rate percentageIt was announced as 3.2.
USA Inflation and interest rate clampdowns continue to directly affect the crypto market. At the same time, global markets are also moving in the light of economic data in the USA.
The USA is working hard to bring inflation rates to the low levels it targets. One of these efforts is the Fed’s rate hikes. The Fed has also increased interest rates in the previous period. Markets think that the rate hike will continue as long as inflation does not decrease.
The expected inflation data came after the interest rate decision came in an upward direction. USA‘also 2023 Julyannual inflation percentage 3.2was level.
July 2023 inflation data in the USA
United States of America ( USA), followed closely by crypto investors 2023 July announced inflation rates. Annual inflation in the US in July percentage It is specified as 3.2. In addition, monthly inflation in the USA percentageIt was 0.2.
Inflation expectations in the US for July 3.3 percent rate was formed. Global markets think that inflation in the US will increase this month as well, and that another interest rate hike will occur. However, when we look at the situation of inflation in the previous months, Marchper month 5.0 percentAnd Juneper month 3 percenthad appeared.