Analysts say the U.S. CPI has increased the reason for the Federal Reserve to cut interest rates by 25BP next month
2024-10-10 12:47:55
Analysts United States Overall Inflation Out of Ten One Percent Reacheddesk3cryptocurrencydesktopCrypto News
Analyst: Overall U.S. inflation was also a tenth of a percentage point higher in September at a monthly rate of 0.2%, adding to the case for a 25 basis point rate cut next month instead of 50 basis points. Meanwhile, initial jobless claims surged by 258,000, but this will be affected by factors such as hurricanes.
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