#CPIWatch : headline and core tell different stories.
The September U.S. CPI report, released October 14, showed prices up 0.6% month over month and 3.7% year over year. Core CPI, excluding food and energy, rose 0.3% and 2.6%, respectively.
For $BTC, these are context for rate expectations, not a guaranteed direction.
Risk: reacting to one headline can overlook the underlying inflation mix.
The September U.S. CPI report, released October 14, showed prices up 0.6% month over month and 3.7% year over year. Core CPI, excluding food and energy, rose 0.3% and 2.6%, respectively.
For $BTC, these are context for rate expectations, not a guaranteed direction.
Risk: reacting to one headline can overlook the underlying inflation mix.