The August CPI report had taken on outsized importance after Fed Chair Kevin Warsh two weeks ago suggested the central bank may have to act if inflation doesn't soon slow.
Bitcoin briefly rebounded past $79,000 and US stocks turned green as US CPI inflation data met expectations.
US consumer prices increased faster in August, giving the Federal Reserve another reason to be cautious about…
Bitcoin is approaching a critical point after spending the past several weeks digesting its powerful August r…
Traders could look past an expected Fed hike and weigh what higher rates are signaling about the economy.
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