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Category consumer price index

U.S. CPI Rose Softer Than Expected 0.3% in September; Bitcoin Adds to Gains

U.S. CPI Rose Softer Than Expected 0.3% in September; Bitcoin Adds to Gains

The better than hoped inflation data cements market anticipation that the Fed is on track for rate cuts at its final two meetings of the year.
Bitcoin Holds Steady As Gold Shed Trillions In Value — What This Means

Bitcoin Holds Steady As Gold Shed Trillions In Value — What This Means

In one of the most striking moments of this cycle, gold has lost trillions in market capitalization, a drawdown larger than the entire value of Bit...
U.S. CPI Rose Softer Than Expected 0.1% in May, Sending Bitcoin Higher

U.S. CPI Rose Softer Than Expected 0.1% in May, Sending Bitcoin Higher

The core rate rose just 0.1% as well, far less than the 0.3% forecast.
U.S. Core Inflation Rose 0.3% in August, Faster Than Anticipated

U.S. Core Inflation Rose 0.3% in August, Faster Than Anticipated

Prior to this report, the Fed was widely expected to trim its benchmark lending rate by 25 basis points at its policy meeting next week.
CPI Report Sparks Fed Rate Cut Hopes as Inflation Slows to 2.9%

CPI Report Sparks Fed Rate Cut Hopes as Inflation Slows to 2.9%

On Wednesday, the U.S. Bureau of Labor Statistics rolled out its latest consumer-price index (CPI) report, revealing a 2.9% increase over the past ...