The price of bitcoin was trading at $69,500 following the news, down 1.2% over the past 24 hours.
U.S. inflation data met expectations on Wednesday, reinforcing anticipation that the Federal Reserve will keep interest rates steady not just at its March 18 meeting, but likely at the bank’s April meeting as well.
The Consumer Price Index (CPI) rose 0.3% in February, according to a report from the Bureau of Labor Statistics. Economist forecasts had been for a rise of 0.3% and January’s increase was 0.2%.
U.S. inflation data met expectations on Wednesday, reinforcing anticipation that the Federal Reserve will keep interest rates steady not just at its March 18 meeting, but likely at the bank’s April meeting as well.
The Consumer Price Index (CPI) rose 0.3% in February, according to a report from the Bureau of Labor Statistics. Economist forecasts had been for a rise of 0.3% and January’s increase was 0.2%.
U.S. inflation data met expectations on Wednesday, reinforcing anticipation that the Federal Reserve will keep interest rates steady not just at its March 18 meeting, but likely at the bank’s April meeting as well.
The Consumer Price Index (CPI) rose 0.3% in February, according to a report from the Bureau of Labor Statistics. Economist forecasts had been for a rise of 0.3% and January’s increase was 0.2%.U.S. inflation data met expectations on Wednesday, reinforcing anticipation that the Federal Reserve will keep interest rates steady not just at its March 18 meeting, but likely at the bank’s April meeting as well.
The Consumer Price Index (CPI) rose 0.3% in February, according to a report from the Bureau of Labor Statistics. Economist forecasts had been for a rise of 0.3% and January’s increase was 0.2%.