US Inflation In Retreat: Economy Gears For Deflation Dance

May 12, 2023

US inflation marks a ten-month decline, sliding to 4.9% in April. Amid falling food and energy prices, the Federal Reserve's next move is uncertain after raising rates to a 16-year high. With the lowest unemployment since the 1950s and potential bank bankruptcies, these developments may spur a bullish surge in the cryptocurrency market. The US economy is set for an intriguing deflation dance!

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