U.S. September CPI Disappoints, Rising a Faster Than Expected 0.2%
Bitcoin fell, with the news likely to further raise the odds of a Fed pause at the its next policy meeting in November.
The CPI rose 0.2% in September and the core CPI rose 0.3%, both numbers stronger than anticipated
The data reinforces the notion that not only will the Fed not cut rates 50 basis points in November, but might chose to not trim rates at all.
Already under...