**U.S. CPI: Annual +2.9% Expectation +3.0% U.S. Core CPI: Annual +3.2% Expectation +3.2%**
In the latest economic update, the U.S. Consumer Price Index (CPI) has shown an annual increase of 2.9%, slightly below the expected 3.0%. This mild deviation from the forecast indicates a slower-than-predicted rise in consumer prices.
Meanwhile, the U.S. Core CPI, which excludes volatile food and energy prices, matched the expectations perfectly with a 3.2% annual increase. This consistency with forecasts suggests that underlying inflationary pressures remain stable and within anticipated ranges.
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These inflation metrics are critical for crypto investors, as inflation rates can impact monetary policy decisions, influencing market liquidity and, consequently, cryptocurrency valuations. The relatively stable Core CPI figure might provide some relief to the market, implying that sharp moves from the federal reserve might not be imminent. However, the slight dip in the overall CPI growth could prompt further scrutiny and analysis.