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HomeCrypto NewsBitcoin Traders Should Watch Wider Inflation Metrics And Not Just CPI

Bitcoin Traders Should Watch Wider Inflation Metrics And Not Just CPI

Traders, however, are likely wrong in pricing rate cuts as forward-looking metrics point to stagflation ahead, Noelle Acheson, author of Crypto is Macro Now newsletter, explained during CoinDesk’s Twitter spaces event on Wednesday. The CPI data is backward-looking and exposed to base effects, which tend to hide the true picture.

www.coindesk.com

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