US consumer prices increased by 3.7% in the year to September, exceeding the 3.6% forecast. Core inflation, excluding food and energy, reached 2.6% against an expected 2.5%. These figures represent an increase from August, when headline inflation was 3.4% and core inflation was 2.4%.
Following the data release, Bitcoin fell from approximately $83 860 to a low of $82 731 within five minutes, later stabilizing near $83 125. Gold prices also declined, dropping from $4 153 to $4 117 per ounce during the same period.
The Federal Reserve currently maintains a benchmark rate in the range of 3.75% to 4.00%, following a quarter-point increase in September. The next meeting of the Federal Reserve is scheduled for October 27 and 28, with market participants weighing the possibility of further rate hikes before the end of the year.
