US CPI year-over-year growth in September lower than estimates at 3%
Crypto Briefing
US year-over-year CPI growth in September was 3%, falling below estimates and boosting market sentiment.Summary
The US Consumer Price Index (CPI) for September showed a year-over-year growth of 3%, which was lower than analyst estimates. This softer inflation data, released by the Bureau of Labor Statistics, was interpreted positively by markets, suggesting continued cooling of inflation pressures and easing strain on consumers. Financial analysts view this reading as potentially influencing future Federal Reserve policy considerations, reinforcing optimism that price pressures are moving toward more manageable levels and supporting broader investor participation in equity markets.
(Source：Crypto Briefing)