Japan Nears a 37-Year Rate Hike First: Will Bitcoin and Stocks Suffer?
Japan’s latest inflation surprise could weigh on financial markets. Prices charged by Japanese producers rose 7.1% in October, above economists’ 6.5% forecast. The latest PPI report measures prices between businesses. Japan’s import prices jumped 24.8% in yen terms. A weak currency is making imported fuel and…
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Bitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
More about BitcoinInflation
The rate at which the general level of prices for goods and services rises over time, usually measured over twelve months.
When prices rise faster than wages, households can buy less with the same income, and central banks may raise interest rates in response.
More about InflationMore in Finance
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