U.S. December CPI Year-over-Year Increase of 2.7%, Fully in Line with Market Expectations
On January 13, the U.S. Bureau of Labor Statistics announced:
The unadjusted U.S. December CPI increased by 2.7% year-over-year, exactly matching market expectations and the previous value.
The seasonally adjusted U.S. December CPI rose by 0.3% month-over-month, also in line with expectations.
Market Reaction: After the data release, the dollar index DXY experienced minimal short-term fluctuations, and Bitcoin and U.S. stock futures responded steadily, indicating that the market has already priced in the impact of this data.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
U.S. December CPI Year-over-Year Increase of 2.7%, Fully in Line with Market Expectations
On January 13, the U.S. Bureau of Labor Statistics announced:
The unadjusted U.S. December CPI increased by 2.7% year-over-year, exactly matching market expectations and the previous value.
The seasonally adjusted U.S. December CPI rose by 0.3% month-over-month, also in line with expectations.
Market Reaction: After the data release, the dollar index DXY experienced minimal short-term fluctuations, and Bitcoin and U.S. stock futures responded steadily, indicating that the market has already priced in the impact of this data.