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CPI

US Inflation Rises 7% Over the Course of 2021

Inflation rose 7% over the course of 2021 in the United States, the largest increase since 1982. The United States Labor Department released a survey of the country's consumer price index on Wednesday, finding that the cost of goods...

Bitcoin Surges as Inflation Fears Hit the US

The value of Bitcoin rose on Friday after a new report found that U.S. consumer prices are growing at the fastest rate since 1982. The cryptocurrency climbed 4.4% to $50,101 after the report on inflation became public. This surge is...