0817 GMT - Bitcoin falls as investors look ahead to key U.S. inflation data later in the week for further clues on the pace of expected interest rate cuts by the Federal Reserve. The data on Thursday are expected to show inflation accelerated to 2.9% year-on-year in August, according to a WSJ survey of economists. If inflation is higher than expected, it would cast doubts over the scale of anticipated rate cuts, Interactive Investor analyst Richard Hunter says in a note. It would also introduce the chance that a mix of elevated inflation and weak growth, or stagflation, is emerging and dent investor sentiment, he says. Bitcoin falls 0.1% to $111,276, LSEG data show. (renae.dyer@wsj.com)
(END) Dow Jones Newswires
September 08, 2025 04:17 ET (08:17 GMT)
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