CPI vs PPI?
The market's reaction to the PPI data with its response to the CPl data released on Wednesday, March 7, 2025, for February. Lower PPI (3.2% YoY, core 3.4% YoY) strengthens the case for a Federal Reserve rate cut, typically bullish for risk assets like crypto, yet the market didn't respond. The CP| data, which also showed cooler-than-expected inflation, briefly pushed Bitcoin above $84,000, indicating a positive market response.
