<\/p>\n
The US Consumer Price Index (CPI) inflation data released today, Sept. 13, marked an uptick, outstripping the consensus forecast at 3.7%, a slight deviation from the predicted 3.6%. This unexpected surge in inflation underscores a potent macroeconomic environment with an escalating cost of living.<\/p>\n
In parallel, core inflation, a measure that excludes volatile sectors like food and energy, dropped to 4.3%, matching market expectations. The parallelism of these two indices suggests a potential decoupling of core goods from the broader inflation trend, adding another layer of complexity to the inflation narrative.<\/p>\n
Meanwhile, Bitcoin, a digital asset often viewed as a hedge against inflation, continues to hold its ground above $26,000. This stable performance amidst turbulent economic indicators adds to the growing intrigue surrounding the cryptocurrency\u2019s role in diversifying investment portfolios in times of economic uncertainty.<\/p>\n The post Bitcoin stands tall as US inflation data surpasses market expectations<\/a> appeared first on CryptoSlate<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" Quick Take The US Consumer Price Index (CPI) inflation data released today, Sept. 13, marked an uptick, outstripping the consensus forecast at 3.7%, a slight deviation from the predicted 3.6%. This unexpected surge in inflation underscores a potent macroeconomic environment with an escalating cost of living. In parallel, core inflation, a measure that excludes volatile […]<\/p>\n","protected":false},"author":2,"featured_media":155164,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-155163","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/155163","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=155163"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/155163\/revisions"}],"predecessor-version":[{"id":155165,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/155163\/revisions\/155165"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/155164"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=155163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=155163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=155163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}