In the United States (USA), the annual inflation rate was 5.0 percent and the monthly inflation rate was 0.1 percent.
The USA, which affects many sectors from the crypto money market to the global markets, has been working hard to reduce inflation with the policy rate decisions it has taken recently. As a result of the USA’s moves in the field of economy, February 2023 inflation data came in a downward direction. While February 2023 inflation was 6.0 percent on an annual basis, it was 0.4 percent on a monthly basis.
In the midst of all these processes, inflation expectations for March 2023 in the USA were also shaped in the direction of a downward trend. US CPI rates for March 2023 were 5 percent annually and 0.1 percent monthly.
US March 2023 Inflation Data
The United States of America (USA) announced the March 2023 inflation rates, which especially crypto investors are eagerly waiting for. Inflation in the USA was 5 percent annually and 0.1 percent monthly.
Last month, the Fed said that the banking crisis was not large and gave the message that the problems were solved by injecting liquidity. Saying that they will continue to increase interest rates, the Fed stated that they are working to further reduce the inflation of the USA.
After the 25 basis point interest rate hike last month, eyes were turned to March 2023 inflation data. The expectations for the March 2023 inflation in the USA were that it would be downward. US inflation data was announced as 5 percent annually and 0.1 percent monthly.
These data can also be a guide for the next economic plans of the USA.
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