Inflation Rises And A Big Day For Cryptocurrencies

US index futures have dropped underwater following the release of a hotter than expected US inflation numbers. Both US consumer prices (3.4% vs street 3.2% and previous 3.1%) and Core CPI (3.9% vs street 3.8% and previous 4.0%) were worse than expected weakening the case for near term interest rate cuts. US weekly initial jobless […]