CPI Data Released, US Inflation Rises to 3.8%

The post CPI Data Released, US Inflation Rises to 3.8% appeared first on Coinpedia Fintech News Fresh U.S. inflation data just delivered another upside surprise, reinforcing fears that inflation is heating up again. Headline CPI rose 3.8% year-over-year in November, above the 3.7% forecast and sharply higher than the previous 3.3% reading. Core CPI also climbed to 2.8%, beating expectations. On a monthly basis, core inflation accelerated 0.4%, signaling persistent price …