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ZyCrypto
2023-01-20 20:41:49

Early Q1 2023 Crypto Prices Rally On Favourable US Inflation Data

Early Q1 2023 Crypto Prices Rally On Favourable US Inflation Data

Thursday, January 12, 2023, saw the release of December 2022 US inflation figures by the Bureau of Labor Statistics. The Consumer Price Index (CPI) dropped by 0.1% in December 2022 largely due to declines in both the gasoline and energy indices. Annual Headline CPI rose by 6.5% and the December 2022 unemployment rate was down

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