CPI report

Calm Markets: Stocks, Crypto, and Gold Show Little Movement Post CPI

September 11, 2024 Bitcoin.com

Bitcoin

The latest consumer price index (CPI) from the U.S. Bureau of Labor Statistics shows that inflation cooled to 2.5% in August, marking the slowest rate since 2021. Meanwhile, core CPI, which strips out the fluctuating food and energy sectors, posted a 0.3% increase for the month. Stocks, Bitcoin, and Gold Unmoved by CPI Data On […]

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Digital Assets Will Be an Important Part of Mainstream Finance, Says Binance.US CEO

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

August 14, 2024 Bitcoin.com

bitcoin.com

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 12 months through July—falling just short of economists’ 3% forecast. This data nudged CME futures metrics upward, reflecting growing market sentiment that the latest BLS figures strengthen the case for a Federal […]

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Digital Assets Will Be an Important Part of Mainstream Finance, Says Binance.US CEO

US Inflation Data Indicates Slight Cooling in April; Gold, Silver, and Cryptos Climb

May 15, 2024 Bitcoin.com

bitcoin.com

The latest report from the U.S. Labor Department’s Bureau of Labor Statistics reveals that the consumer price index (CPI) for April climbed by 0.3%. Over the last 12 months, the CPI increased by 3.4%, primarily driven by higher costs for shelter and gasoline. Relief Rally in Financial Markets as April CPI Data Shows Subdued Inflation […]

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Digital Assets Will Be an Important Part of Mainstream Finance, Says Binance.US CEO

Rate Cuts Could be ‘Out the Window’ After March CPI Data Reveals Stubborn Inflation, Tradestation Exec Says

April 10, 2024 Bitcoin.com

bitcoin.com

The U.S. Consumer Price Index (CPI) experienced a higher increase than anticipated in March, climbing by 0.4% over the month to reach 3.5%. The Bureau of Labor Statistics reported that the rise was primarily fueled by increases in shelter and gasoline costs. This acceleration in the inflation rate has unsettled the financial markets, with many […]

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Digital Assets Will Be an Important Part of Mainstream Finance, Says Binance.US CEO

Financial Markets Tense as Inflation Rise Suggests US Central Bank May Keep Rates Steady

March 13, 2024 Bitcoin.com

bitcoin.com

The U.S. Consumer Price Index (CPI), experienced a 3.2% increase over the 12 months ending in February, marginally higher by 0.1% compared to January’s CPI. This development is not being well-received by the financial markets, as the U.S. Federal Reserve might postpone any reductions in the benchmark federal funds rate. Persistent Inflation Pressures Fed, Leaving […]

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Digital Assets Will Be an Important Part of Mainstream Finance, Says Binance.US CEO

CPI Report Triggers Market Tumble: Stocks and Crypto Decline as Inflation Concerns Mount

February 13, 2024 Bitcoin.com

bitcoin.com

On Tuesday, the U.S. Bureau of Labor Statistics released its Consumer Price Index (CPI) report, indicating a 0.3% rise in January. Following the release, all three major stock indices experienced a decline, Treasury yields climbed, and crypto assets took a hit, moving downward from their recent peaks. Stocks Dip, Crypto Slumps as January CPI Data […]

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Digital Assets Will Be an Important Part of Mainstream Finance, Says Binance.US CEO

US Consumer Price Index Rises 0.1% in March, Annual Inflation up 5% From Last Year

April 12, 2023 Bitcoin.com

annual inflation

On Wednesday, the U.S. Bureau of Labor Statistics published the Consumer Price Index (CPI) report, which noted that inflation rose 0.1% last month in March and 5% from a year ago. Annual inflation has dropped for nine consecutive months following the nine times the U.S. Federal Reserve raised the federal funds rate. U.S. Inflation Cools […]

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Digital Assets Will Be an Important Part of Mainstream Finance, Says Binance.US CEO

US Inflation Remains Higher Than Expected, Raising Concerns Among Investors

February 14, 2023 Bitcoin.com

Biden Inflation

U.S. inflation levels dropped slightly in January, sliding from 6.5% to 6.4%. However, inflation remains higher than expected, causing concern among investors that the U.S. central bank will continue to hike the benchmark federal funds rate. Inflation in the US Remains High, Causing Uncertainty in Markets Inflation in the United States exceeded expectations among analysts […]

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Digital Assets Will Be an Important Part of Mainstream Finance, Says Binance.US CEO

Gold Outshined Bitcoin This Month Climbing 6% Higher Amid US Real Estate Slump, Lower CPI Data

November 19, 2022 Bitcoin.com

1 ounce of gold

This month, gold has outperformed bitcoin after crypto markets shuddered from the recent FTX collapse, and the precious yellow metal climbed 6.12% since the first of November. The U.S. housing market has shown weaknesses and October’s U.S. inflation rate was lower than expected. Analysts believe these economic trends contributed to pushing gold’s price up by […]

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Digital Assets Will Be an Important Part of Mainstream Finance, Says Binance.US CEO

July’s CPI Report Shows US Inflation Cooling — Critics Say ‘US Government’s Formula Understates the Actual Rise in Prices’

August 10, 2022 Bitcoin.com

Analyst

After last June’s inflation report published by the U.S. Bureau of Labor Statistics indicated that the Consumer Price Index (CPI) reflected a 9.1% year-over-year increase, July’s CPI data has come in lower with a year-over-year increase of 8.5%. Economists polled by media publications estimated that July’s CPI data would print 8.7%, however, July’s core CPI, […]

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Digital Assets Will Be an Important Part of Mainstream Finance, Says Binance.US CEO