US CPI Hits 3%, Below Expectations
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BTCCSquare news:
US inflation ROSE to 3% in September, marginally under the anticipated 3.1% and up from August's 2.9%. Food prices and tariff-affected goods drove the increase, though the pace of inflation growth remains subdued compared to forecasts.
The softer print provides tentative relief for an economy still grappling with persistent price pressures. Markets will scrutinize the data as the Federal Reserve weighs its next policy move.
Cryptocurrencies often react to macroeconomic signals, with Bitcoin and ethereum serving as barometers for risk appetite. A cooling inflation environment could bolster the case for digital assets as alternative stores of value.
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