A Full Percentage Point Rate Hike? Bitcoin Traders Size Up Fed’s Desperation on Inflation

A Full Percentage Point Rate Hike? Bitcoin Traders Size Up Fed’s Desperation on Inflation

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Even though year-over-year inflation cooled to 8.3% in August from 8.5% in July, core inflation, which is more closely watched because it excludes volatile food and energy prices, rose 0.6% during the month, compared with a 0.3% increase during the month before.



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