The Upcoming Deflation Could Be the Catalyst for Metacade (MCADE)
The Consumer Price Index (CPI) for November showed that inflation is slowing down for the fifth month in a row. Since peaking at 9.1% in June, the year-on-year inflation rate has now fallen to 7.1% in November.
Now, analysts are predicting that prices will begin to decline as the global economy enters a period of deflation. This deflation could have a negative impact on the macro environment and push an increasing number of users into Metacade (MCADE).
Deflation is on the horizon as the CPI drops again
The CPI is the…