Tag: Bitcoin price
U.S. CPI jumps 0.4% in August as markets wobble and Bitcoin dips; Fed still seen cutting rates
- by Zander Quillington
- on 12 Sep 2025
August inflation ran hotter than expected, with CPI up 0.4% month-over-month and 2.9% year-over-year, while core held at 3.1%. Jobless claims jumped the same morning, underscoring a cooling labor market. Bitcoin fell about 0.5% on the release. Traders still expect a quarter-point Fed cut next week, but the path after that looks murkier as services and energy costs keep pressure on prices.