consumer price index

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CPI Report Hints at Favorable Conditions for Bitcoin and Crypto Investors

News & Trends /

The most recent Consumer Price Index (CPI) data, dated October 10, 2024, reveals that consumer prices in the United States increased by 2.4% in September, slightly exceeding market estimates of 2.3%. While this is a slight improvement above August’s 2.5%, it maintains a cooling trend that has persisted since inflation peaked at 9.1% in June

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What are we expecting from the FOMC meeting in September ?and Last weeks CPI report

Cryptocurrency, News & Trends /

The Consumer Price Index (CPI) report from last week caused a shift in the financial markets and served as another reminder of just how intertwined the economy is. However, what impact does news about inflation have on the cryptocurrency market and the US dollar’s value? Because it affects market mood and monetary policy, inflation news

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The Consumer Price Index (CPI) versus Bitcoin: “Will the News of Today Cause a Sell-Off or Rally?”

News & Trends /

Bitcoin fans, get ready for an exciting afternoon! The CPI report for today at 1:00 PM can be the spark that sends Bitcoin prices skyrocketing or plummeting. However, why is the market anticipating this? A robust economy is typically correlated with a healthy labor market, but recent employment data has investors concerned. Do not panic;

The Consumer Price Index (CPI) versus Bitcoin: “Will the News of Today Cause a Sell-Off or Rally?” Read More »

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