U.S. CPI Data Released, Meets Expectations, Hits 2.6%!

The post U.S. CPI Data Released, Meets Expectations, Hits 2.6%! appeared first on Coinpedia Fintech News

With the U.S. Bureau of Labor Statistics reporting a slight decrease in the Consumer Price Index (CPI) for October, with inflation raised to 2.6%, just below the expected 2.5%. This highlights a positive shift in the financial sector. Further, indicating that the inflation is continuing to ease. With the good news, the Bitcoin price has surged above the $88,000 mark following the release statement.