US CPI Reaccelerates to 0.4%, Raising Questions on Bitcoin Interest Rate Risk

The US Consumer Price Index (CPI) for August rose 0.4% month-over-month, accelerating from 0.1% in July. The year-over-year figure remained flat at 3.4%. Core CPI, excluding food and energy, increased by 0.3% month-over-month compared to 0.2% in the previous month, while the year-over-year rate moved from 2.5%.