News with the tag "Producer price index"

Bitcoin traded above the $61,000 mark, after the latest release of the highly anticipated U.S. Producer Price Index (PPI) data. Notably, the crypto market was eagerly waiting for the crucial inflation data, amid soaring concerns over the U.S. Federal Reserve’s policy rate plans. Meanwhile, the lates...

As the crypto market gears up for a pivotal week, all eyes are on the upcoming release of crucial economic indicators. Investors are eagerly awaiting the U.S. Consumer Price Index (CPI) and Producer Price Index (PPI) data, set to shed light on inflation trends. Meanwhile, amid growing concerns over ...

The crypto market braces for a pivotal week ahead, marked by significant events that could steer investor sentiment and market trajectory. With Bitcoin recently hitting an all-time high, anticipation mounts as key inflation data and various developments unfold. These events, ranging from Federal Res...

The US PPI inflation data released by the Bureau of Labor Statistics on Friday showed that wholesale inflation experienced a resurgence in January. The PPI index, which gauges the price at which raw materials are sold on the open market, increased by 0.3% for January, on a month-on-month basis. The ...

The US PPI inflation data released by the Bureau of Labor Statistics on Friday showed that wholesale inflation experienced a resurgence in January. The PPI index, which gauges the price at which raw materials are sold on the open market, increased by 0.3% during the month. The resurgence was contrar...