US business activity expands, prices rise fastest since 2022
- —Prices rose fastest since 2022 on fuel, transport and wage costs
- —US composite PMI reached 58.4 in September, highest since July 2021
- —Markets watch Fed signals on rates amid renewed inflation pressure
Why it matters: Stronger activity and rising prices could shift Fed rate expectations, a key driver for bitcoin and risk assets.
Source: Crypto Briefing