June CPI Beat Sparks Bitcoin Surge, but the Fed’s September Hike Looms
Covered by 2 sources · 2 articles
2 outlets - including Cryptobriefing and Cryptonews - are covering this story. Despite cooling inflation, persistent rate hikes may strain economic growth and market stability, highlighting the Fed's cautious stance. The post June CPI shows cooling inflation, but Fed rate hike still expected in September appeared firs…
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June CPI shows cooling inflation, but Fed rate hike still expected in September
Despite cooling inflation, persistent rate hikes may strain economic growth and market stability, highlighting the Fed's cautious stance. The post June CPI shows cooling inflation, but Fed rate hike still expected in September appeared firs…
June CPI Beat Sparks Bitcoin Surge, but the Fed’s September Hike Looms
Bitcoin jumped after June CPI dropped to 3.5%, but energy prices drove the beat, and the Fed still eyes a September rate hike.