U.S. December CPI Data Released: Year-over-Year Increase of 2.4%, Slightly Below Expectations

GateNewsBot

Gate News bot message: According to Tree News, the U.S. Consumer Price Index (CPI) increased by 2.4% year-over-year, below the market expectation of 2.5%. The U.S. core Consumer Price Index rose by 2.5% year-over-year, in line with market expectations.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Analyst: Strong employment data "locks in" the possibility of interest rate cuts

Analyst Skyler Weinand stated that the soft U.S. inflation in January will not increase the likelihood of the Federal Reserve cutting interest rates, as the labor market data remains strong. He expects the Federal Reserve will not adjust the policy rate this year, despite investors anticipating two rate cuts.

GateNewsBot1h ago

U.S. January CPI drops to 2.4% "further easing of inflation," with the Federal Reserve's probability of resuming rate cuts in June rising to 51%

U.S. January CPI data shows the overall inflation rate decreased to 2.4%, below expectations, while core inflation slightly declined to 2.5%. This provides flexibility for the Federal Reserve's future monetary policy, and the market's expectation of a rate cut in June has risen to 51%.

動區BlockTempo2h ago

Analysis: Stabilizing the labor force may keep the Federal Reserve on hold

In January, US CPI increased by 0.2% month-on-month and 2.4% year-on-year. Core CPI rose by 0.3% month-on-month and 2.5% year-on-year. Analysis indicates that the data is affected by last year's high base, and the slowdown in inflation may lead the Federal Reserve to keep interest rates unchanged, with future inflation possibly experiencing a phased rebound.

GateNewsBot2h ago

After the CPI data was released, Michael Saylor posted: "I'm going to invest in Bitcoin today."

Odaily Planet Daily reports that after the CPI data release, Michael Saylor, founder of Bitcoin treasury company Strategy, posted on the X platform: "Go invest in Bitcoin today; monetary issues won't resolve themselves."

GateNewsBot2h ago

After the CPI release, the crypto market experienced minor short-term fluctuations, with Bitcoin rising slightly by 0.24%.

BlockBeats News, February 13 — After the CPI data was released, the cryptocurrency market experienced minimal short-term fluctuations, with Bitcoin rising slightly by 0.24%, currently priced at $67,535. Meanwhile, the US Dollar Index DXY dropped nearly 20 points in the short term, now at 96.87. Non-USD currencies generally gained, with the EUR/USD rising over 20 points in the short term, and the GBP/USD rising over 30 points in the short term.

GateNewsBot2h ago

The US dollar index drops nearly 20 points in the short term, while non-US currencies generally rise.

ChainCatcher reports that, according to Gate market data, after the CPI data release, the US Dollar Index DXY dropped nearly 20 points in the short term, currently at 96.87. Non-US currencies are generally rising, with EUR/USD climbing over 20 points in the short term, and GBP/USD rising over 30 points in the short term.

GateNewsBot2h ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)