🇺🇸 U.S. Inflation Drops to 2.3% in April — Crypto Markets React

The U.S. Consumer Price Index (CPI) rose 2.3% year-over-year in April, down from 2.4% in March, marking the lowest level since February 2021. This unexpected slowdown comes despite recent tariff announcements, suggesting that inflationary pressures are easing.

Core CPI, excluding food and energy, remained steady at 2.8% annually, with a 0.2% monthly increase.

Market Implications:

• The Federal Reserve may maintain its current interest rate stance, awaiting further data on tariff impacts.

• Cryptocurrency markets have responded positively, with Bitcoin (BTC) trading above $103,000, reflecting increased investor confidence.

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