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Past-Peak Inflation Might Be Misleading as Price Pressures Continue to Mount

As inflation peaks, bitcoin traders should be wary of reading too much into data.

Updated May 11, 2023, 6:22 p.m. Published May 10, 2022, 6:17 p.m.
Consumer Price Index, % Change Over 12 Months, including forecasted number for April 2022 CPI (Source: CoinDesk Research, Department of Labor Statistics, FactSet)
Consumer Price Index, % Change Over 12 Months, including forecasted number for April 2022 CPI (Source: CoinDesk Research, Department of Labor Statistics, FactSet)