HomeTechnologyUS Inflation data announced!

US Inflation data announced!


July pertaining to the month ABD inflation There were expectations for rate data. Turkey time today 15:30US inflation data was released in . According to the short and medium-term expectations of American consumers, a sharp decline in inflation was observed in July. Although a decrease is expected in the inflation data according to the expectations of the analysts, the clear answer has emerged with the official data.

US Inflation data announced!

inflation

According to the results of the survey conducted with the participation of approximately 1300 households before the data for July was released, the short-term median inflation expectation covering the next 12 months decreased by 0.6 percentage points to 6.2 percent in January. The decline in expectations for gasoline and food prices was effective in the decline in inflation expectations. According to the data announced, US inflation data for July july month fell 8.5 percent.

Inflation is currently the problem of all countries globally. One of the scariest scenarios for the USA is increasing inflation. Continuing the upward trend of inflation in the country, it reached the peak of 41 years again. When this was the case, the US Federal Reserve was on the agenda with the FED rate hike. The US Federal Reserve (Fed) increased interest rates by 75 basis points at its July meeting, as it did in June. Thus, the Fed had increased the policy rate by a total of 225 basis points since March in order to bring inflation to its 2 percent target.

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