U.S. inflation re-accelerated at the margin in December as the Bureau of Labor Statistics reported that CPI-U was up 0.3% m/m and 2.7% y/y, with shelter up 0.4% m/m as the largest contributor to the monthly rise. Source: bls.gov Bitcoin was trading at approximately $92,176.63 (+1.62% 24h) at the time of the release. Market Reaction and Rate Outlook Core inflation stayed contained on the headline release. BLS printed CPI ex-food & energy at 0.2% m/m and 2.6% y/y, which aligns with the market’s “Fed stay ...

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