Silver Price Hits New All-Time High Amid Cooler than Expected US Core CPI

The US Bureau of Labor Statistics (BLS) released the CPI data for December, showing that inflation rose at an annual rate of 2.7%. However, the core CPI was the main catch on Tuesday, as it is the Fed’s preferred gauge. Bitcoin reacted, albeit mildly, while the silver price ascended to a new peak. Still, some analysts question the impact of macroeconomic data on market prices. Inflation Rose at an Annual Rate of 2.7% in December, US CPI Data Shows The latest CPI (Consumer Price Index) report shows infl ...