July CPI Came in as Expected, Probability of a September Rate Hike Fell to 38.1%: How Will Bitcoin, Gold, and U.S. Stocks Perform?
On August 12, the U.S. Bureau of Labor Statistics released the July inflation data that markets had been eagerly awaiting. Headline CPI rose 3.4% year over year, while core CPI fell to 2.5% year over year, with both figures matching expectations. After the data was released, crypto assets, gold, and U.S. stock futures all showed choppy short-term moves, initially falling before rebounding. However, the latest pricing in the interest rate market delivered the signal that truly deserves attention.





















