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US CPI Data Hit 2.9% in August: Fed Rate Cut Soon in September
US CPI Data Hit 2.9% in August: Fed Rate Cut Soon in September
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BTCCSquare news:
Recent data for August 2025 showed US CPI inflation at 2.9%, slightly above expectations. Despite the hotter print, markets remain confident in an impending Federal Reserve rate cut, with September widely anticipated as the starting point for monetary easing.
The prospect of looser policy has buoyed risk assets across financial markets. Cryptocurrencies, often sensitive to liquidity conditions, may see renewed institutional interest if the Fed follows through with dovish action.
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