How Markets Reacted to New US Credit Rating: What Happened in Crypto Last Week?

Consumer prices in the U.

S. rose by 3.

2% year-over-year in October, down from 3.

7% in September, but still above the Fed’s 2% benchmark.

Moody’s Investors Service has cut the US credit outlook from stable to negative.

In response, long-term yields soared, which is not only an indication of investor confidence in the U.

S.

economy but.