US Consumer Prices Rise 0.4% in October, Exceeding Forecasts as Fed Hike Looms (UPDATED)
October CPI rose 0.4% month over month and core CPI 0.3%, both above forecasts, as markets price a 99% chance of a Fed rate hike at the Dec. 9 meeting.
Crypto · News reference
CPI Inflation Beats Projections, Bitcoin Holds at $74,000 as ETH, XRP Stay Flat
Bitcoin, Ethereum and XRP slide as hotter October inflation strengthens the case for another Fed rate hike.
Reference Details
Connected Markets
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
- Source
- benzinga
- Observed
- Checked
- Cadence
- Captured once, then retained as an archive reference
- Status
- fresh
Keep reading
Related Headlines
Watching S&P Futures, Bitcoin; Securities Become Volatile After U.S. Reports Its Consumer Price Index For October Increased Month-Over-Month
Trump Admin Remains Interested in Strategic Bitcoin Reserve, Former White House Official Claims
Trump may pursue Bitcoin buys for the U.S. reserve, but legal hurdles, custody issues and political opposition could delay expansion.
XRP Drops to $1.08 as ETFs Suffer Biggest Outflows in 8 Months
XRP traders turn heavily bullish on Binance as the token falls 30% and spot ETFs suffer their biggest outflow in eight months.
Stock Market Today: Dow Futures Rise, S&P 500 and Nasdaq 100 Futures Fall as Trump Signals Iran War to End ‘Fairly Soon’ — CRWV, TTWO, BW In Focus (UPDATED)
U.S. futures were mixed as Dow and S&P rose, Nasdaq fell. Trump cited Iran peace progress; markets see 82.2% odds of a December Fed hike.
NYSE Selects Avalanche Blockchain to Settle Tokenized Stocks on Upcoming Trading Platform — AVAX Jumps 5%
Avalanche rallied on Monday, November 9, after the New York Stock Exchange announced it would use the network to settle tokenized stocks on its upcoming 24/7 trading platform.