CPI Data Cools, Bitcoin Rises, and Rate Hike Odds Surge
Core CPI reached its lowest annual reading since early 2021, yet market expectations for a Fed rate hike jumped to 80%. Meanwhile, MoneyGram launched a Visa stablecoin card, Bitcoin ETFs saw outflows, and the Senate released updated text for the CLARITY Act.
Summaries are written by AI from the original article. Not investment advice.