The U.S. Bureau of Labor Statistics announced the consumer price index (CPI) inflation data for January showing that inflation came in at 3.1%. The number was lower than the December inflation print of 3.4% but was still higher than overall market estimates of 2.9%. The data has also shifted expectations of a rate cut by The post Breaking: Bitcoin Slips As US CPI Comes At 3.1%, Fed Swaps Rate Cuts to July appeared first on CoinGape .
