U.S. July CPI in line at 3.4% headline / 2.5% core; bitcoin holds near $64,000 (Markets)

Generaldesk view

U.S. July CPI rises 3.4% as expected; September hike bets ease (Economy)

The Bureau of Labor Statistics reported on August 12 that the Consumer Price Index rose 0.1% seasonally adjusted in July (after falling 0.4% in June) and 3.4% y…

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Financedesk view

U.S. July CPI due today: consensus 3.4% YoY headline, ~50/50 September hike odds (Macro)

The BLS releases July CPI on August 12 at 8:30 a.m. ET. Consensus expects headline CPI +0.1% MoM (vs. −0.4% in June) and 3.4% YoY (vs. 3.5%); core +0.2% MoM and…

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Cryptodesk view

U.S. July CPI in line at 3.4% headline / 2.5% core; bitcoin holds near $64,000 (Markets)

At 8:30 a.m. ET on Aug. 12, the U.S. Bureau of Labor Statistics released July CPI: seasonally adjusted month-over-month +0.1% (vs. -0.4% in June), year-over-yea…

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