The Labor Department on Thursday is expected to report that the core consumer price index (CPI) accelerated to a year-on-year pace of 6.5% in September, from August’s 6.3%, according to FactSet. This “core” inflation rate strips out the impact of volatile food and energy prices; the “headline” CPI, which includes food and energy items, is already running hot above 8%.
US Consumer Price Index for September Could Provide Push for Bitcoin to Break Out of Its Recent Range
