Tag: inflation report today

US CPI Inflation Falls More Than Expected: Gold Jumps, Dollar Weakens as Markets Price in Fed Rate Cuts

US CPI Inflation Falls More Than Expected: Gold, Dollar, Bitcoin & Stock Market React US CPI Inflation surprised financial markets after June’s inflation report showed price pressures easing much faster than economists had anticipated. The latest Consumer Price Index (CPI) figures strengthened expectations that the Federal Reserve could move closer to cutting interest rates later...