Inflation in the US rose 2.3% in April, its slowest rhythm since 2021
Bitcoin practically did not react and stood just below USD $ 104,000 after the IPC report in the United States. Tariffs still do not seem to have an effect on inflation, but they could have it later.
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- Bitcoin below USD $ 104,000 after the inflation report in the US.
- The CPI increased 2.3% annually in April, its lowest level since February 2021.
- Tariffs still have no effect, but they could increase inflation later.
Economic inflation in the United States increased slightly in April, although it continued to show signs of cooling as Donald Trump’s tariffs still have no effect on consumer pockets.
The consumer price index (CPI), which measures the cost of a wide basket of goods and services, rose 0.2% in the month, placing the inflation rate at 12 months by 2.3%, its lowest level since February 2021the labor statistics office reported.
The month to month was higher than 0.1% seen in March, –A result that at the time surprised economists–but year after year it was lower, since the 12 -month IPC was published by 2.4% in March. The results of April were better than the forecasts of economists, which aimed at 0.3% in the month and 2.4% in the year.
According to the US Department of Labor Department, the 0.3% increase in April in shelters was the main responsible for raising the inflation indicator. Energy prices were recovered, with a gain of 0.7%, while food experienced a 0.1%decrease. The costs of used vehicles and clothing also decreased.
The fuel and egg prices fell, giving the reason to Donald Trump. In particular, the eggs were sold by 12.7% cheaper in April, although they have still increased 49.3% compared to the previous year. Meanwhile, regular fuel costs without lead are approximately USD $ 3.14 per gallon, compared to approximately USD $ 3.62 a year ago.
As for the underlying IPC, which excludes food and energy prices, it was recorded at a rate of 0.2% in the month, while the year -on -year level was 2.8%. The forecast was 0.3% and 2.8% respectively, according to the coverage of CNBC.
Trump tariffs still have no effect on inflation
Inflation reading does not seem to contemplate the effects of the “day of liberation”, when President Trump announced 10% tariffs on all imports from the United States and expressed his intention to impose additional reciprocal rates to commercial partners.
Recently, however, Trump adjusted his position with the most dramatic development: a reduction for 90 days of aggressive tariffs against China, from 145% to 30%, while the two parts enter into additional negotiations.
While the data show economic progress, various observers say that it is likely that inflation will rebound in the coming months as tariffs increase the cost of imported goods.
The IPC report could be key to the next steps in the country’s monetary policy. The merchants expected the US Federal Reserve. However, this perspective has now changed in the midst of commercial developments, with the market anticipating the first cut in September, with only two probable this 2025, according to coverage.
The cryptocurrency market, which would potentially benefit from rates cuts, has seen a recovery in recent weeks as the macro panorama is clarified. Bitcoin (BTC) resumed a level over USD $ 100,000 last week in the middle of a weekly increase. Other altcoins like Ether (Eth) arose more, winning 40% in the period.
Bitcoin slightly under USD $ 104,000
The oldest and oldest digital currency received the inflation news practically unchanged in the graphics, slightly below USD $ 104,000 at a decrease of 0.40% in 24 hours, according to data at the time of editing.
Bitcoin He had momentarily recovered the USD $ 105,000 at dawn on Monday, approaching the most that has been at its maximum historical price of USD $ 109,114, conquered on January 20, 2025.
Various analysts have agreed that BTC could mark a new break Price in the coming weeks, although advances in trade agreements, as well as other factors, remain key for this increase to occur. Standard Chartered He has indicated that an objective price of USD $ 120,000 for the quarter could be too low.
Hannah Estefanía Pérez / Diariobitcoin
Image generated with AI tool, under free use license
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