A hawkish repricing puts bitcoin’s rate sensitivity back on display

Inflation came in hotter than the consensus expected September CPI rose 0.6% month-on-month and 3.7% year-on-year, above the 3.6% consensus.1 Energy did much of the work, with gasoline prices up 9.1% over the month and accounting for roughly half the headline increase. Core CPI rose 0.3% on the month to 2.6% year-on-year.1 That is firm […]
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