ThanTaiCrypto
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TOMORROW'S BITCOIN IS FORECASTED TO PUMP/DUMP STRONGLY.
+ 7:30 PM 15/05: The US will announce the PPI for April.
- Year-over-Year PPI Inflation (Forecast = 3.1%, Previous = 2.7%)
- Month-over-Month Core PPI Inflation (Forecast = 3.3%, Previous = 3.3%)
+ 7:40 PM 15/05: FED Chairman Powell will speak.
--------- ---------- ----------
So what is the PPI index?
The PPI (Producer Price Index) is a measure of the average change over time in the selling prices received by domestic producers for their output.
Simply put:
• PPI reflects the input costs of businesses.
• If PPI increases, it may lead to an increase in CPI (Consumer Price Index) afterward, as businesses typically pass higher costs onto consumers.
Role:
• It is an early indicator of inflation.
• Closely monitored by investors and central banks to predict monetary policy (such as interest rate hikes/cuts).
Crypto God
+ 7:30 PM 15/05: The US will announce the PPI for April.
- Year-over-Year PPI Inflation (Forecast = 3.1%, Previous = 2.7%)
- Month-over-Month Core PPI Inflation (Forecast = 3.3%, Previous = 3.3%)
+ 7:40 PM 15/05: FED Chairman Powell will speak.
--------- ---------- ----------
So what is the PPI index?
The PPI (Producer Price Index) is a measure of the average change over time in the selling prices received by domestic producers for their output.
Simply put:
• PPI reflects the input costs of businesses.
• If PPI increases, it may lead to an increase in CPI (Consumer Price Index) afterward, as businesses typically pass higher costs onto consumers.
Role:
• It is an early indicator of inflation.
• Closely monitored by investors and central banks to predict monetary policy (such as interest rate hikes/cuts).
Crypto God
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