Cryptocurrencies
US: Inflation Surprises to the Upside in August, Making a Clear Case for Another 75 bps Rate Hike
Consumer price inflation increased by 0.1% month-on-month (m/m) in August, following July’s flat reading. On a year-over-year (y/y) basis, headline inflation decelerated by 0.2 percentage points (pp) from July, slowing to 8.3%. Energy prices fell Read more…