| Time | Details |
|---|---|
| 2024-12-11 13:31 |
CPI Data Impact on Crypto Markets
According to CryptoMichNL, the latest Consumer Price Index (CPI) data shows monthly inflation at 0.3% and yearly inflation at 2.7%. The Core CPI, which excludes volatile items, also stands at 0.3% month-over-month and 3.3% year-over-year. These figures suggest that inflation is stabilizing around current levels. This stability might influence market movements, particularly in the crypto sector, as traders interpret the data's implications for monetary policy and economic conditions. (Source) |