CPI Comes In Right On Expectations And Crypto Comes Under Pressure

TL;DR

• New figures released this week showed inflation at its lowest level in two years, with the headline annual rate coming in at 4%
• The Fed paused their cycle of rate hikes, but suggested that more were to come, calling it a ‘skip’ rather than an outright change in trend
• The SEC has slapped lawsuits on Binance.US and Coinbase, naming 67 cryptocurrencies as unregulated securities
• In times of economic uncertainty, many investors turn to gold as a safe haven asset, and we provide a way to gain exposure, without the need to beef up your home security
• Top weekly and monthly trades

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Major events that could affect your portfolio

Given we’ve had both a CPI announcement and a Fed rate decision this week, there’s been remarkably little coverage around it. While that might seem a little surprising on the surface, the reality is that both announcements brought very little new information.