CPI 2.9%.
As predicted, the Consumer Price Index has increased. This positively impacts the entire financial market.
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How will the growth opportunities in the crypto market be affected if the CPI index rises.
The Consumer Price Index (CPI) measures the change in prices that consumers pay for goods and services. CPI affects:
Inflation Index
• Reduced purchasing power: When the CPI rises, the cost of living also increases, reducing purchasing power, especially if wages do not keep up.
• Wage adjustments: Wages are often adjusted according to CPI, but this may lag.
• Interest rates: Central banks may raise interest rates to control inflation, affecting borrowing costs and economic growth.
Inflation Index
• Reduced purchasing power: When the CPI rises, the cost of living also increases, reducing purchasing power, especially if wages do not keep up.
• Wage adjustments: Wages are often adjusted according to CPI, but this may lag.
• Interest rates: Central banks may raise interest rates to control inflation, affecting borrowing costs and economic growth.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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