U.S. inflation rate hits 2.9% as Bitcoin remains around $61,000

Quick Take According to Trading Economics data, the July US inflation rate came in slightly below expectations, with the headline inflation rate year-over-year at 2.9% versus the anticipated 3%. The month-over-month inflation rate matched forecasts at 0.2%. Core inflation, which excludes volatile food and energy prices, aligned with predictions, registering 3.2% year-over-year and 0.2%... source: https://cryptoslate.com/insights/u-s-inflation-rate-hits-2-9-as-bitcoin-remains-around-61000/