U.S. October inflation came in at 0.4% month over month, above the 0.3% estimate, while core inflation was 0.3% instead of 0.2%. $BTC

First, headline inflation came in at 0.4% month over month, while the estimate was 0.3%.

Second, core inflation came in at 0.3%, versus an estimate of 0.2%, matching September’s pace.

Third, core inflation remaining at the same pace as last month means price pressures have not eased yet.

What it means for you: If the market reads these figures as a sign of a longer period of monetary tightening, risk appetite—which moves in tandem with $BTC high-risk assets—could weaken.

The takeaway: A higher-than-expected figure keeps the rate question open ahead of the next meeting.

Do you think the Fed will hold rates steady or cut them at its next meeting? 👇

#Bitcoin #CPI

This content is for informational purposes only and is not financial advice.

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