coin-img-ETHETH+6.78%coin-img-SOLSOL+3.03%coin-img-BTCBTC+1.74%coin-img-XRPXRP+2.59%coin-img-USDCUSDC+0.00%coin-img-HYPEHYPE+2.06%coin-img-DOGEDOGE+3.15%coin-img-SUISUI+0.40%coin-img-ETHETH+6.78%coin-img-SOLSOL+3.03%coin-img-BTCBTC+1.74%coin-img-XRPXRP+2.59%coin-img-USDCUSDC+0.00%coin-img-HYPEHYPE+2.06%coin-img-DOGEDOGE+3.15%coin-img-SUISUI+0.40%coin-img-ETHETH+6.78%coin-img-SOLSOL+3.03%coin-img-BTCBTC+1.74%coin-img-XRPXRP+2.59%coin-img-USDCUSDC+0.00%coin-img-HYPEHYPE+2.06%coin-img-DOGEDOGE+3.15%coin-img-SUISUI+0.40%coin-img-ETHETH+6.78%coin-img-SOLSOL+3.03%coin-img-BTCBTC+1.74%coin-img-XRPXRP+2.59%coin-img-USDCUSDC+0.00%coin-img-HYPEHYPE+2.06%coin-img-DOGEDOGE+3.15%coin-img-SUISUI+0.40%

Core Services Inflation (Ex-Housing) Climbed 0.51% MoM in August

AI Market Summary
August CPI details showed core services inflation ex-housing accelerating to 0.51% m/m, the hottest since January, alongside firm y/y readings. Sticky services inflation increases the risk that restrictive policy stays in place longer, tightening financial conditions. This backdrop typically supports the US dollar and pressures duration-sensitive assets as real-rate expectations reprice.
Impact level
● High
Affected assets
NCSIDXY2USD/USDT+0.18%
AI Insight · NCSIDXY2USD/USDTAI Insight
▼ Bearish
Trade now
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
ChainCatcher reported that Nick Timiraos—often dubbed "the Fed's messenger"—said the August CPI showed core services inflation excluding housing rose 0.51% month over month, the fastest pace since January, and was up 3% year over year. Core goods inflation increased 0.11% month over month and 0.7% year over year. Housing inflation rose 0.26% month over month and 3% year over year.
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.

Risk Warning

Cryptocurrencies and their derivatives are innovative financial products with great volatility and high investment risks.

Although BingX is committed to providing users with easy-to-use trading tools, trading itself is still a highly sophisticated field. Trading digital assets and their derivatives are subject to high market risk and price volatility and may result in partial or total loss of account funds. You must carefully consider and exercise clear judgment to evaluate your financial situation and the aforementioned risks before using BingX Services. You shall be responsible for all losses arising therefrom. If necessary, please consult relevant professionals to make informed decisions before investing. By accessing, downloading, using or clicking on "I agree" to accept any BingX Services provided by BingX, you agree that you have read, understood and accepted all of the terms and conditions stipulated in BingX Terms of Use as well as our Privacy Policy.


Trading by copying or replicating the trades of other traders involves a high level of risks, even when copying or replicating the top-performing traders. Past performance of a BingX community member is not a reliable indicator of his future performance. Content on BingX's trading platform is generated by members of its community and does not contain advice or recommendations by or on behalf of BingX.