US inflation holds at 3.4% in August, unchanged from July
US inflation held steady at 3.4% in August, unchanged from July and in line with expectations, while jobs data came in stronger than expected. The print arrived against a backdrop of rising bond yields and oil prices, five days before the Fed's interest rate decision.
Detected & updated continuously · Source: Nebula
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@Kylechasse
US inflation held steady at 3.4%, while rate hike odds jumped and Bitcoin pushed toward $78K. That reaction makes no sense on paper. Higher hike odds should pressure risk assets, yet BTC is moving higher. Either the hike was already priced in, or downside positioning got so https://t.co/65e8w0Ok5v
@TU_Crypto_News
U.S. inflation held at 3.4% as jobs data came in stronger than expected. Eric Daugherty said the combination supports lower interest rates and echoes calls for the Fed to avoid restraining growth. https://t.co/GXmJdgQ5jw
@Nexo
U.S. inflation held at 3.4%, in line with expectations. The print comes against a backdrop of rising bond yields and oil prices. Five days before the Fed's interest rate decision, what's your call: hike or hold? https://t.co/86doV9YPdm
@TheBitcoinConf
🚨 U.S. inflation continues to remain at 3.4% 👀 https://t.co/EBPBOgIs3B
@wsqofficial
BREAKING: 🇺🇸 US inflation remains at 3.4%. https://t.co/sLimWUEMai
@bitinning
🇺🇸 JUST IN: U.S. inflation stays at 3.4% in August, unchanged from July. https://t.co/6SFCsprT92
@realcryptomoses
🚨 JUST IN: 🇺🇸 U.S. inflation holds at 3.4%. No cooling. No surprise.
@ING_Economics
US inflation is still too hot, suggesting a rate hike may be coming at the Fed's meeting next week https://t.co/QXLJB67pjY