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CoinGape
2022-09-13 14:31:07

Breaking: One Percentage Interest Hike Now Possible After Bad CPI Data

Breaking: One Percentage Interest Hike Now Possible After Bad CPI Data

The Consumer Price Index released today is not good news for the crypto market. The CPI data points to an 8.3% YoY inflation, instead of the expected 8.1%. The core CPI is also worse than expected. As a result of this bad inflation data, a one percentage point interest rate hike is now likely, which The post Breaking: One Percentage Interest Hike Now Possible After Bad CPI Data appeared first on CoinGape.

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