After the CPI is published, traders increase their bets that the Federal Reserve will cut interest rates in September and December.

By: theblockbeats.news|2025/08/12 12:51:33

BlockBeats News, August 12th: After the release of the U.S. CPI, traders increased their bets on a September rate cut by the Federal Reserve, continuing to bet on rate cuts in September and December.

Spot gold saw a short-term surge of over $10, while the U.S. Dollar Index (DXY) experienced a short-term decline of over 30 points, trading at 98.25.

The Vietnamese National Assembly has approved the establishment of an International Financial Center to pilot cryptocurrency asset trading.ETHZilla has announced that it holds 82,186 Ethereum, equivalent to $349 million.

After the CPI is published, traders increase their bets that the Federal Reserve will cut interest rates in September and December.

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