US inflation rises 0.1% in July, easing pressure for Fed rate hike

📈 US inflation increased 0.1% in July, matching expectations and easing pressure for a Fed rate hike. 🛢️ Gasoline prices dropped, but energy costs are still much higher than last year. 📊 Stock futures rose after the data while markets watch for more signs of cooling price growth. 🧐 The next move for $BTC and other assets likely hinges on upcoming inflation and jobs data. Continue Reading:US inflation rises 0.1% in July, easing pressure for Fed rate hike The post US inflation rises 0.1% in July, easing pressure for Fed rate hike appeared first on COINTURK NEWS.