US inflation eases to 3.4% in July

July US inflation falling to 3.4% signals easing price pressures and supports expectations for a less restrictive Fed path. That typically lowers real-rate and USD support, improving risk appetite across equities and crypto while also reducing headwinds for duration-sensitive assets. Near-term focus shifts to whether core inflation and labor data confirm a sustained disinflation trend, shaping rate-volatility and cross-asset correlations.