<p>The post <a href="https://coinpedia.org/crypto-live-news/cpi-report-released-inflation-rate-falls-to-2-9/" rel="noopener noreferrer nofollow">CPI Report Released: Inflation Rate Falls to 2.9%,</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>The July Consumer Price Index (CPI) inflation rate has decreased to 2.9%, slightly lower than the anticipated 3.0%. This reduction indicates a significant development, as it is the first time since March 2021 that the CPI inflation rate has dipped below 3.0%. This data suggests that inflationary pressures might be easing, marking a notable shift in economic conditions. The crypto market has responded positively. Bitcoin’s current price has surged to $61,000, reflecting investor confidence amid easing economic pressures.</p>

CPI Report Released: Inflation Rate Falls to 2.9%,

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