Trump Calls for Rapid Rate Cuts As Key Inflation Data Surprises
2025-07-16 13:04:17
Main Idea
U.S. PPI data shows lower-than-expected inflation, influencing market expectations for Federal Reserve rate cuts and impacting cryptocurrency markets.
Key Points
1. The annual PPI was reported at 2.3%, below the expected 2.5%, with core PPI at 2.6% versus the expected 2.7%.
2. Former President Donald Trump has called for rapid interest rate cuts, aligning with market expectations.
3. Investors, particularly in the cryptocurrency market, are closely monitoring the Fed's next move regarding rate cuts.
4. Bitcoin's price has not yet shown a significant reaction to the PPI data release.
5. Economic analysts are assessing the implications of potential rate cuts on various markets, including cryptocurrencies.
Description
PPI data surprised by coming in lower than expectations at 2.3%. Bitcoin price has yet to reflect the positive impact of this data. Continue Reading: Trump Calls for Rapid Rate Cuts As Key Inflation Data Surprises The post Trump Calls for Rapid Rate Cuts As Key Inflation Data Surprises appeared first on COINTURK NEWS .
Latest News
- Crypto Markets Surge as Bitcoin and PEPE Coin Target New Heights2025-07-17 16:43:06
- Trump Faces Powell with Mounting Pressure2025-07-17 15:55:58
- Ripple Reaches New Milestones: XRP’s Growth Continues2025-07-17 14:53:45
- Bitcoin and Ethereum Surge Ignites Crypto Market Excitement2025-07-17 14:23:11
- BlackRock’s Strategic Moves Pave the Way for Altcoin ETF Opportunities2025-07-17 13:52:14