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US PPI data will be released at 21:30 tonight
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2025-01-14 16:02 4,905
Golden Finance reports that investors are currently waiting for the Producer Price Index (PPI) report 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 Fed’s policy direction in 2025. . Votel, chief market analyst at KCM Trade, said if inflation data turns out to be weak this week, the dollar could come under pressure, which could push gold higher. Traders are currently betting that the Fed will not significantly ease monetary policy in 2025. Against a backdrop of a solid economy and labor market, policymakers need to see new progress in slowing inflation before continuing to cut interest rates. However, for now, this progress is uncertain. (Golden Ten)
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