News with the tag "U.S. Bureau of Labor Statistics"

Bitcoin could hit new highs in a matter of days if it holds strong amid three-year low job openings and possible slowing inflation in the U.S., says crypto researcher Markus Thielen.

The U.S. Bureau of Labor Statistics’ consumer price index (CPI) report, released on Tuesday, reveals that inflation in the United States has eased to a yearly rate of 4%. The latest development arrives just ahead of the upcoming Federal Open Market Committee (FOMC) meeting scheduled for June 14. The...