US DATA NEWS INCOMING: CORE PPI COOLS TO 2.4% — BELOW EXPECTATIONS
Fresh inflation data just dropped:
🇺🇸 U.S. Core PPI YoY: 2.4%
Forecast: 2.5%
Previous: 2.4%
Why it matters:
• A softer-than-expected Producer Price Index suggests easing inflation pressures.
• Could bolster market confidence in potential Fed rate cuts.
• Typically bullish for crypto and risk assets as liquidity expectations improve.
Market watching closely — next stop: CPI & FOMC.
$BTC
#USData #Inflation