The eagerly awaited inflation data in the US has been announced.

The eagerly awaited inflation data for the course of the US economy has been announced. The headline inflation, which rose by 2.7% in June, was expected to be 2.8% for July; however, the data came in below expectations and was again announced at 2.7%. In core inflation, however, the rise exceeded expectations. The expected rate of 3.0% for July came in at 3.1%.

After the data was disclosed, Bitcoin rose above 119 thousand dollars, while Ether exceeded 4400 dollars.

What will the Fed do?

Inflation figures may have confused minds even more. While a rise in headline inflation was expected, its remaining low and the core inflation, excluding energy and food prices, increasing beyond expectations, makes it very difficult to predict the Fed's actions.

In futures markets, the expectation of a 25 basis point cut in September, which was around 85% this morning in the CME Fed Watch Tool measuring Fed expectations, has dropped to 82% after the data was released... It is a known fact that the Fed has recently placed importance on core inflation...

Published: August 12, 2025 15:31Last Updated: August 12, 2025 15:45

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