CryptoMediaClub
Saturday, July 5, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home Bitcoin

U.S CPI Data Reveals Less Than Expected Inflation Rate in March at 5%

13.04.2023
A A
0
124
VIEWS
ShareShare

U.S CPI Data Reveals Less Than Expected Inflation Rate in March at 5%

  • Inflation statistics for March showed an annual rise in the all-items index of 5.0%.
  • The US Federal Reserve seeks to limit price increases to 2% from the current 5%.

Compared to February, when prices grew by 0.4%, the CPI increased by 0.1% in March 2023 after seasonal adjustments were made. Inflation statistics for March showed an annual rise in the all-items index of 5.0% before seasonal adjustment.

The Consumer Price Index (CPI) for March 2023 had recently been issued by the United States Bureau of Labor Statistics. To some extent offsetting the decrease in the energy index, the increase in the shelter index drove the total CPI up.

Interest Rate Hike Expected

The market’s average rate of price change is quantified by the index that is calculated every month. As the US Federal Reserve seeks to limit price increases to 2% from the current 5%, inflation data has taken on added significance in the context of the US economy as a whole.

The central bank also had to cope with the problem in the regional banking system, which led to the closure of certain local institutions. Traders anticipate that the US central bank would begin the ‘Fed pivot’, or rate decreases prior to a no-increase prospect, sometime in 2023.

Stock futures in the United States increased when the March 2023 inflation report came in lower than predicted. Meanwhile, the crypto market registered a 1% increase after initially showing little reaction to the inflation statistics surprise.

On Wednesday, Mary Daly, president, and chief executive officer of the Federal Reserve Bank of San Francisco said that the Federal Reserve still had “more work to do” in terms of raising interest rates despite signs of strength in the U.S. economy, such as a tightening labor market.

Share10Tweet6ShareSharePin2

Related Posts

Crypto Fear & Greed Index Soars to 73: Unpacking the Market’s Bullish Confidence
Bitcoin

Crypto Fear & Greed Index Soars to 73: Unpacking the Market’s Bullish Confidence

03.07.2025
0

BitcoinWorldCrypto Fear & Greed Index Soars to 73: Unpacking the Market’s Bullish Confidence The pulse of the digital asset world...

Read moreDetails
Bitcoin Treasury Strategy Unlocks $24.75 Million for Green Minerals’ Ambitious Growth

Bitcoin Treasury Strategy Unlocks $24.75 Million for Green Minerals’ Ambitious Growth

02.07.2025
Celsius Lawsuit: Judge Unleashes Crucial Legal Battle Against Tether Over $4 Billion Bitcoin Liquidation

Celsius Lawsuit: Judge Unleashes Crucial Legal Battle Against Tether Over $4 Billion Bitcoin Liquidation

02.07.2025
Bitcoin’s Momentum Challenge: Why the Epic BTC Rally Faces Profit-Taking Pressures

Bitcoin’s Momentum Challenge: Why the Epic BTC Rally Faces Profit-Taking Pressures

01.07.2025
Bitcoin’s Astonishing Evolution: A New Trading Pattern Emerges

Bitcoin’s Astonishing Evolution: A New Trading Pattern Emerges

01.07.2025
Load More
Next Post
Whales sell liquid staking tokens as Ethereum Shappella upgrade nears

Whales sell liquid staking tokens as Ethereum Shappella upgrade nears

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Former Director of Blockchain Global Liang Guo Detained in Australia

Former Director of Blockchain Global Liang Guo Detained in Australia

1 year ago
Gnosis Chain spends $5M on validator incentive program for decentralization

Gnosis Chain spends $5M on validator incentive program for decentralization

2 years ago
Bitcoin Investors to Get EU Citizenship

Bitcoin Investors to Get EU Citizenship

11 months ago
Bitcoin Miners Rake in Impressive $916 Million in May Revenue

Bitcoin Miners Rake in Impressive $916 Million in May Revenue

2 years ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

XRP Price Prediction: Swiss Bank Embraces Ripple’s RLUSD – Billions Flowing into XRP?

ChatGPT’s 42-Signal TRX Analysis Flags Corporate Treasury Milestone

Google’s Gemini AI Predicts the Price of XRP, Solana and Cardano by the End of 2025

ChatGPT’s 42-Signal DOGE Analysis Flags Key $0.155 Support Test Amid Musk Drama

XRP Ledger logs 34% in RWA monthly growth, eyes bigger boost from Mercado Bitcoin partnership

Solana Price Prediction – Institutional Investor Includes Solana in $100 Million Strategic Fund: Is Wall Street Warming Up to SOL?

Trending

Crypto Traders on Alert as Sweden Expands Law to Seize Digital Assets
All news

Crypto Traders on Alert as Sweden Expands Law to Seize Digital Assets

05.07.2025
0

Sweden’s Justice Minister Gunnar Strömmer has ordered local authorities to intensify efforts to seize assets like cryptocurrency,...

Sanctioned Russian Giant Rostec Bypasses Banks with Tron-Based RUBx Stablecoin

Sanctioned Russian Giant Rostec Bypasses Banks with Tron-Based RUBx Stablecoin

05.07.2025
Crypto Price Prediction Today 4 July – XRP, Shiba Inu, Pepe

Crypto Price Prediction Today 4 July – XRP, Shiba Inu, Pepe

05.07.2025
XRP Price Prediction: Swiss Bank Embraces Ripple’s RLUSD – Billions Flowing into XRP?

XRP Price Prediction: Swiss Bank Embraces Ripple’s RLUSD – Billions Flowing into XRP?

05.07.2025
ChatGPT’s 42-Signal TRX Analysis Flags Corporate Treasury Milestone

ChatGPT’s 42-Signal TRX Analysis Flags Corporate Treasury Milestone

05.07.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz