US PPI Comes Higher Than Expected What It Means for Market 📊

#PPI #WorldNews #CryptoMarket #BreakingNews

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Today US announced PPI (Producer Price Index) data. It came 3.3%, but experts were expecting only 2.5%.

What is PPI? PPI shows how much prices are increasing for products that companies make. If PPI is high, it means inflation is still strong.

How this is for market:

When inflation is high, US Federal Reserve may not cut interest rates soon. This can be bad for stock market and sometimes also for crypto, because investors think money will stay expensive to borrow.

Higher PPI can make people afraid that market will not get cheap money soon, so they may sell risky assets like Bitcoin or altcoins.

So, this news is not very good for market in short term. But if next month PPI starts to go down, market can get positive again.

Thank you so much for visiting my this news post, and Allah hafiz.