List of Flash News about US inflation data
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2025-05-15 12:35 |
US Producer Price Index (PPI) Inflation Falls Below Expectations: Key Insights for Crypto Traders
According to Stock Talk (@stocktalkweekly), the latest US Producer Price Index (PPI) data came in lower than expected, with PPI year-over-year at 2.4% versus the 2.5% estimate, and month-over-month at -0.5% compared to the 0.2% estimate. Core PPI year-over-year matched estimates at 3.1%, but core PPI month-over-month surprised with a -0.4% reading against a 0.3% forecast. For crypto traders, this weaker-than-expected inflation data could signal a less aggressive Federal Reserve stance on interest rates, potentially supporting bullish sentiment in Bitcoin and altcoins due to reduced tightening pressure. Source: Stock Talk (@stocktalkweekly, May 15, 2025). |