🔥 U.S. PPI Surges More Than Expected in January – Inflation Worries Rise! 📈



The U.S. Producer Price Index (PPI) jumped 0.4% in January, outpacing forecasts of 0.3% and marking a sharp rise from 0.2% in December. On a yearly basis, PPI surged 3.5%, exceeding expectations of 3.2%. Core PPI (excluding food & energy) also climbed 0.3% last month, reinforcing inflationary concerns.

💰 Bitcoin remained steady at $96,000 despite looming Trump tariff announcements and market pressure. The report gained extra significance after the hotter-than-expected CPI data and Fed Chair Jerome Powell's testimony, where he acknowledged inflation remains a challenge.

🚨 With the Fed holding off on rate cuts and inflation still running hot, markets now expect just one rate cut in 2025. Buckle up—uncertainty remains high!
#Economy Inflation #PPI Bitcoin #StockMarket FederalReserve 🚀
S7,47%
CORE0,34%
BTC0,18%
TRUMP0,59%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)