The recent rise in US inflation to 2.7% has caught experts and consumers by surprise. Key factors contributing to this increase include new tariffs on imports and rising gasoline prices.
Causes of Inflation Rise
US inflation increased to 2.7% in June 2025, surpassing analysts' expectations. One of the reasons for the rise is high import costs linked to new tariffs. Additionally, rising gasoline prices are negatively impacting consumers.
Trump's Reaction
President Trump defended his economic policies in light of rising inflation. He commented on the independence of the Federal Reserve, expressing a desire to influence its actions. "We have a man who just refuses to lower the Fed rate. Maybe I should go to the Fed? Am I allowed to appoint myself? I'd do a much better job than these people," Trump remarked.
Impact on Cryptocurrency Market
The increase in inflation is impacting financial markets, leading to heightened interest in cryptocurrencies. Bitcoin and Ethereum may experience volatility as traders monitor Federal Reserve actions. Interest in DeFi and stablecoins is also rising as traders seek stable assets.
The rise in US inflation to 2.7% has raised concerns in both the economy and financial markets. Increased activity in cryptocurrency and DeFi spaces is anticipated in response to changes in economic policy.