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8/13/2024 4:30:00 PM

Market Focus Shifts to CPI Print as PPI Data Shows Inflation Cooling

Market Focus Shifts to CPI Print as PPI Data Shows Inflation Cooling

According to CryptoMichNL, the Producer Price Index (PPI) data came in much softer than expected, indicating that inflation is cooling down. As a result, yields are falling. However, Bitcoin remains stagnant as the market's attention is now on the upcoming Consumer Price Index (CPI) print.

Source

Michaël van de Poppe

@CryptoMichNL

Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast