#BTC U.S. inflation pressures persist—will BTC face another interest-rate test?
 
Verified information: The October CPI released by the U.S. Bureau of Labor Statistics on November 10 showed that headline CPI rose 0.4% month over month, above market expectations of 0.3%; core CPI rose 0.3% month over month, maintaining that increase for the third consecutive month. Because the relevant data were not collected during the government shutdown at the same time last year, the BLS did not release comparable year-over-year figures this time.
Reuters reported on November 10 that after the data were released, market expectations of a Fed rate hike in December grew, and some officials also discussed the possibility of a larger rate increase.
#BTC
 
Verified information: The October CPI released by the U.S. Bureau of Labor Statistics on November 10 showed that headline CPI rose 0.4% month over month, above market expectations of 0.3%; core CPI rose 0.3% month over month, maintaining that increase for the third consecutive month. Because the relevant data were not collected during the government shutdown at the same time last year, the BLS did not release comparable year-over-year figures this time.
Reuters reported on November 10 that after the data were released, market expectations of a Fed rate hike in December grew, and some officials also discussed the possibility of a larger rate increase.
#BTC