The United States Consumer Price Index (CPI) rose to 3.0% year-over-year in September, coming in below economists’ expectations of 3.1% and marking the first time inflation has reached or exceeded 3% since January. The cooler-than-expected reading came as a shock, with odds of a 25-basis-point Federal Reserve rate cut in October surging to 97% on Polymarket immediately after the data release. Source: Polymarket Bitcoin responded by climbing back above $111,000. Inflation Data Beats Expectations Across ...