Hassett says US inflation is reaccelerating, more action needed
- —Hassett: US inflationary pressure is building again
- —September CPI rose 0.6% m/m; core CPI up 0.3%
- —Hassett said the pickup could prove temporary
- —He warned the disinflation trend may have stalled
Why it matters: Faster inflation lowers the odds of near-term Fed easing, a headwind for risk assets including bitcoin.
Source: Bloomingbit