Tag: higher-than-expected cpi could
Crypto Traders Brace for Friday’s Delayed US Inflation Report Release
TLDR September’s CPI is expected to show a 3. 1% annual inflation rise. The Fed’s focus remains on the labor market despite rising inflation. Higher-than-expected CPI could reduce rate cut chances in the coming months. Bitcoin briefly spiked above $111,000 ahead of the CPI release. Crypto traders are closely watching the delayed US inflation report for [.] The post Crypto Traders Brace for Friday’s Delayed US Inflation Report Release appeared first on CoinCentral.