US Inflation Jumps More than Expected in June; Bitcoin & Ethereum Slide
Annual inflation in the US hit 9.1% in June, or more than what analysts had expected, and up from 8.6% in May. It reached the highest level in over 40 years.
In a month, prices jumped 1.3%, also more than expected. The so-called annual Core-CPI (consumer price index) – which excludes prices of food and energy – stood at 5.9%….
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