Tag: CPI crypto market

November CPI Data Released: Cooling Inflation Brings Hope to Crypto Markets
The U.S. Bureau of Labor Statistics released today’s highly anticipated November Consumer Price Index (CPI) data. With October data missing due to the federal government shutdown, this report carries extra significance for market sentiment and Federal Reserve policy direction. Core Data Breakdown The November CPI rose 2.7% year-over-year, down from 3.0% in September. More importantly,…

