By Tiffany Wang, WOO Analyst
The CPI for the month, showing a 0.4% month-on-month increase, has exceeded the expected 0.3% rise. Particularly noteworthy is the resilience of the super core CPI. This reaccelerating of CPI momentum is primarily attributed to the robust state of the U.S. economy, bolstered by an expansive fiscal policy and the excessive savings by consumers since COVID-19.
UK CPI and US retail sales data are to be released this week.
Crypto and blockchain events this week (October 16th ~ 20th)
Meanwhile, here are the biggest crypto and blockchain events happening around the world this week so that you can stay informed.
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