Consumer Price Index News

17.01 / 18:07

crypto news Bitcoin crypto price today Bitcoin Today Bitcoin hits $100,000 mark again following cooler U.S. inflation report

Bitcoin climbed back above $100,000 on Thursday after data released on Wednesday showed that U.S. core inflation rose less than expected last month, increasing the likelihood of further rate cuts by the Federal Reserve. Overnight, data showed the consumer price index (CPI) rose in line with expectations at an annual rate of 2.9% in December, from November's 2.7%. But core inflation, which excludes food and energy prices, rose by 3.2%, below forecasts for 3.3%.

12.09 / 07:49

Ethereum CME Federal Reserve Bitcoin Trump Cryptocurrency Prices on September 11: Bitcoin falls below $56,800 ahead of US inflation data

Bitcoin, Ethereum, and Solana, as investors awaited the US consumer price index report for policy cues. As of 1:30 pm IST, Bitcoin was down 0.9% at $56,706, while Ethereum dropped 0.92% to $2,341. Other major cryptocurrencies also saw declines: BNB fell 1.2%, Solana dropped 1.9%, XRP slipped 1%, Dogecoin fell 2.75%, Shiba Inu dropped 1.65%, and Polkadot lost 2.6%.

12.10 / 20:01

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New data released Thursday showed U.S. inflation remained elevated in September, sending Bitcoin and other cryptocurrencies modestly lower.

09.08 / 12:43

G20 economics Deflation Time fall China moves into deflation as prices fall for first time since early 2021

Average CPI over the year so far has been 0.5%, severely lagging the government’s target average inflation rate of 3%.

07.04 / 22:23

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In the week ahead, investors will confront new inflation data and the beginning of earnings season, while also keeping an eye on the Federal Reserve's potential plans for interest rates at their early May meeting.

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