On Wednesday, October 11, the Federal Open Market Committee (FOMC) conducted a meeting to review the inflation numbers as US PPI data came higher than
Category: U.S. Inflation Data
US PPI Inflation Surge in September Is A Red Flag for Bitcoin
Earlier today, October 11, the U.S. released its Producer Price Index (PPI) inflation data for the month of September shooting by 2.2% against the expected
The 40Day Bitcoin Nasdaq Correlation Drops to 2020 Low
Despite the cooling inflation coming out of the US this week, Bitcoin (BTC) has failed to catch up on the rally in US equities and
Top Reasons Why Crypto Market Is Falling Today
Crypto News: As the Federal Reserve’s preferred inflation index, the Personal Consumption Expenditures (PCE), revealed a stronger than expected increase in prices from the previous
U.S. Core PCE Inflation Surges 4.7%, More Interest Rate Hikes Ahead?
Inflation in the United States, as measured by the Personal Consumption Expenditures (PCE) Price Index, increased to 5.4% on a yearly basis in January from
US CPI Set To Decline? Here’s What Trends Suggest
US CPI UPDATES: The global tradition and digital asset markets are reacting in accordance with the much awaited Consumer Price Index (CPI) data. The yet