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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.

By Helene Braun
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)