News about money supply

Consumer prices rose 3.7% in the 12 months through September 2026, and Bitcoin fell about $1,000 after the hotter-than-expected October 14 report, as high inflation raises the odds of Federal Reserve rate hikes. The article argues Bitcoin is poorly placed to hedge cost-driven inflation: the PPI jumped 1.3% in September and 6.3% over 12 months, and squeezed households may invest less in riskier assets. Inflation from money creation could help more, since J.P. Morgan Asset Management describes Bitcoin as tracking the global money supply, and M2 grew 5.7% in the year through August 2026. If the Fed cuts rates while prices are still rising, Bitcoin's fixed supply could serve as a hedge, and the article says the next few quarters will test this thesis.