web analytics

US Consumer Price Index for September Could Provide Push for Bitcoin to Break Out of Its Recent Range

The Labor Department on Thursday is expected to report that the core consumer price index (CPI) accelerated to a year-on-year pace of 6.5% in September, from August’s 6.3%, according to FactSet. This “core” inflation rate strips out the impact of volatile food and energy prices; the “headline” CPI, which includes food and energy items, is already running hot above 8%.