{"id":22923,"date":"2025-04-10T17:19:11","date_gmt":"2025-04-10T14:19:11","guid":{"rendered":"https:\/\/forklog.com\/en\/us-inflation-slows-bitcoin-shows-tepid-reaction\/"},"modified":"2025-04-10T17:19:11","modified_gmt":"2025-04-10T14:19:11","slug":"us-inflation-slows-bitcoin-shows-tepid-reaction","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/us-inflation-slows-bitcoin-shows-tepid-reaction\/","title":{"rendered":"US Inflation Slows, Bitcoin Shows Tepid Reaction"},"content":{"rendered":"<p>In March, annual inflation in the US <a href=\"https:\/\/www.bls.gov\/news.release\/cpi.nr0.htm\">reached 2.4%<\/a> (the lowest since September), down from 2.8% the previous month. Economists had anticipated a decrease to 2.5%.<\/p>\n<p>On a monthly basis, the consumer price index fell by 0.1%, compared to a 0.2% increase in February. This marks the first negative rate in nearly five years. The consensus forecast had predicted a 0.1% rise.<\/p>\n<p>Excluding food and energy prices, the index rose by a minimal 0.1% from the previous month and 2.8% compared to March last year.<\/p>\n<p>The previous report showed figures of 0.2% and 3.1%, respectively. Analysts had expected a slowdown to 0.3% and 3%.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;The report indicated a reduction in discretionary spending across goods and services categories,&#8221;<\/em> explained Bloomberg.<\/p>\n<\/blockquote>\n<p>The agency noted that following the<a href=\"https:\/\/forklog.com\/en\/news\/trump-declares-liberation-day-with-new-tariffs\"> &#8220;liberating tariffs&#8221;<\/a>, imports for US citizens will become more expensive.<a href=\"https:\/\/forklog.com\/en\/news\/bitcoin-surges-past-81000-amid-trumps-tariff-pause\"> &#8220;Tariff pause&#8221;<\/a> by President Donald Trump for 90 days does not prevent a 10% increase for foreign supplies. For goods from China, the rate is 104%.<\/p>\n<p>Samuel Tombs, Chief US Economist at Pantheon Macroeconomics, pointed out that the impact of tariffs will be reflected in May&#8217;s data.<\/p>\n<p>The release of macroeconomic statistics caused a brief surge in Bitcoin to $82,500. Subsequently, prices fell to $81,000, reducing the daily growth rate<a href=\"https:\/\/www.coingecko.com\/\"> to 4.3%<\/a>.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/1-1507.webp\" alt=\"1-1507\" class=\"wp-image-256362\"\/><figcaption class=\"wp-element-caption\">15-minute BTC\/USDT chart on Binance. Data: <a href=\"https:\/\/www.tradingview.com\/chart\/?symbol=BINANCE%3ABTCUSDT\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>Futures market traders are anticipating a cut in the key rate by the <span data-descr=\"Federal Reserve System of the United States\" class=\"old_tooltip\">Fed<\/span> at the meeting on June 18. The probability increased to 84% from 73.3% the day before.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/2-1070.webp\" alt=\"2-1070\" class=\"wp-image-256363\"\/><figcaption class=\"wp-element-caption\">Data: <a href=\"https:\/\/www.cmegroup.com\/markets\/interest-rates\/cme-fedwatch-tool.html?redirect=\/trading\/interest-rates\/countdown-to-fomc.html\">CME Fed Watch<\/a>.<\/figcaption><\/figure>\n<p>Earlier, QCP Capital<a href=\"https:\/\/forklog.com\/en\/news\/qcp-capital-questions-trumps-and-feds-readiness-to-support-markets\"> expressed doubts<\/a> about the Fed&#8217;s readiness to support the markets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In March, annual inflation in the US reached 2.4% (the lowest since September), down from 2.8% the previous month. Economists had anticipated a decrease to 2.5%. On a monthly basis, the consumer price index fell by 0.1%, compared to a 0.2% increase in February. This marks the first negative rate in nearly five years. The [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":22922,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1249,1224],"class_list":["post-22923","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-federal-reserve-system","tag-macroeconomics"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/22923","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=22923"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/22923\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/22922"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=22923"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=22923"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=22923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}