Bitcoin Rises as Markets Digest Inflation Data Ahead of Fed Rate Decision
U.S. Inflation Data Delivers Mixed Signals as Core CPI Runs Hot The latest Consumer Price Index (CPI) report from the Bureau of Labor Statistics gave markets a mixed bag on Friday. Headline inflation rose 3.4% year-over-year and 0.4% month-over-month, both matching consensus estimates and matching July’s annual pace. However, core CPI—which excludes food and energy—told ...