U.S. inflation comes in hot, up 0.4% month-on-month and 8.2% year-on-year

U.S. inflation comes in hot, up 0.4% month-on-month and 8.2% year-on-year


TheBlock
2022-10-13 12:43:57

U.S. inflation came in hotter than expected at 8.2% year-on-year, which typically places downward pressure on bitcoin and cryptocurrencies.