ChainCatcher, citing Jin10, reported that the preliminary reading for the U.S. one-year inflation expectation in July came in at 4.2%. The figure was below the market forecast of 4.5% and also lower than the previous reading of 4.6%. The update indicates that July one-year inflation expectations eased versus both consensus expectations and the prior level. No additional details were provided in the report beyond the data point, the market estimate, and the previous reading. The item was published by ChainCatcher under its market analysis coverage.
ChainCatcher, citing Jin10, reported that the preliminary reading for the U.S. one-year inflation expectation in July was 4.2%, below the market forecast of 4.5% and down from the previous reading of 4.6%.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
