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- 🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
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The U.S. PPI data will be released tonight at 21:30.
BlockBeats news, on January 14th, investors are currently waiting for the Producer Price Index (PPI) report to be released at 21:30 tonight, as well as the US Consumer Price Index (CPI) data on Wednesday, to further understand the economic situation and the policy direction of the Fed in 2025. Walter, the Chief Market Analyst at KCM Trade, said that if this week's inflation data performs weakly, the US dollar may come under pressure and this could push gold to pump. Traders are currently generally betting that the Fed will not significantly loosen monetary policy in 2025. Against the backdrop of a stable economy and labor market, policymakers need to see new progress in slowing inflation before they can continue to cut interest rates. However, at present, this progress is uncertain. (Jinshi)