Gold, Bitcoin Lead Gains in Inflation Hedges Following Biggest CPI Jump in 3 Decades - NewsBreak
By Faria in Business
Updated 2 years ago
The Labor Department said Wednesday that the October consumer price index was up 6.2% year over year, its highest reading in three decades, and up 0.9% month over month. High inflation readings can lead investors to seek out alternative investments that may hold up better than cash or bonds, which often...