Garlinghouse shares surprising conclusion from recent CPI data

Ripple’s chief executive shared an X post by the Wall Street Journal and revealed that he had spotted some important (and what is more, positive) data in it, which might be related to cryptocurrency.

Garlinghouse pointed out that the recent CPI report contains data about a 3.5% reduction in the fees U.S. consumers pay for financial services. The CEO believes it could be “in part because of the Administration’s pro-crypto policies.” Without showing a particular photo of any WSJ issues, Garlinghouse simply mentioned that this information is “a little buried in WSJ print edition.”

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