US inflation uptick is concerning for risk markets

US inflation uptick is concerning for risk markets

by Tiffany Wang, WOO Analyst

The latest US CPI report has surpassed expectations, indicating a year-on-year increase of +3.1%, compared to the anticipated +2.9%. This figure represents supercore inflation, a metric that captures persistent inflationary pressures. While inflation had moderated to around 3% by the end of last year, it has since experienced rapid acceleration, reaching 5.5%. This uptick is concerning for markets where investors take on higher risks.

Crypto and blockchain events this week

Meanwhile, here are the biggest crypto and blockchain events happening around the world this week so that you can stay informed.

Event

Dates

Country

Event link

Catalyst

21 February

Portugal

Catalyst

Open Banking & SCA Leadership Forum

21 February

Germany

Open Banking & SCA Leadership Forum

Step Conference

21 February

United Arab Emirates

Step Conference

Open Banking & Customer Experience

21 February

Germany

Open Banking & Customer Experience

The MoneyShow

21 February

United States

The MoneyShow

Fintech Festival India

21 February

India

Fintech Festival India

ETH Denver

23 February

United States

ETH Denver

NFT Paris Conference

24 February

France

NFT Paris Conference

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