Bitcoin prices rise as the May Consumer Price Index report reveals a slowdown in inflation to 3.3% year-over-year, raising expectations for potential interest rate cuts by the Federal Reserve later this year.
Markets Jun. 12, 2024
Bitcoin retreats from its $72,000 high as investors eye the US CPI report, which could influence the Fed's interest rate decisions.
Bitcoin Apr. 9, 2024
Inflation keeps showing signs of cooling down with the latest CPI print coming in at 7.1%, which is 0.6% lower than last month's.
Markets Dec. 13, 2022
Inflation has come in lower than expected for October, with the Consumer Price Index registering a 7.7% year-on-year increase.
Markets Nov. 10, 2022
The Consumer Price Index print for June 2022 puts U.S. inflation at a 40-year high of 9.1%.
News Jul. 13, 2022
According to data released today by the U.S. Bureau of Labor Statistics, inflation has reaccelerated to a new four-decade record of 8.6%.
News Jun. 10, 2022
The U.S. Bureau of Labor Statistics has released the CPI data for April, showing the annualized inflation rate sitting at 8.3%.
News May. 11, 2022
According to data published by the U.S. Bureau of Labor Statistics today, the U.S. annual inflation rate has hit a four-decade high of 8.5%.
News Apr. 12, 2022
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