Disinflation occurs when the rate of inflation slows down, resulting in a decrease in the general level of price increases for goods and services. Disinflation is different from deflation, which is a decrease in the general price level of goods and services. Disinflation occurs when the rate of inflation, as measured by CPI data, slows…
Tag: CPI data
CPI Data and Bitcoin Price: How Inflation Impacts Cryptocurrency Sentiment
What is CPI? Consumer Price Index (CPI) is a measure of inflation that tracks the trend of changes in prices of goods and services. Therefore, when CPI data is released, it can affect market sentiment and impact the prices of various assets, including stocks, precious metals, and even Bitcoin. The simple logic is this: if…