#CryptoCPIWatch This week, the U.S. Bureau of Labor Statistics decided to delight everyone with numbers that seem good... but are seemingly calculated to confuse even a calculator.
Let's look at the main star — the Consumer Price Index (CPI):
• April: 2.3% — the lowest value since February 2021.
And now, the magic from the Fed:
Core inflation (excluding food and gas) — 2.8%, meaning that even if you stop eating and commuting to work — it's still expensive! Enjoy your "economic recovery."