Bitcoin price erased all of its gains from this week as it crashed to a critical support level amid hotter-than-expected PPI data and JeromePowell’sFederal Reserve speech that cast a shadow over any interest rate cuts for this year ....
Over the past year, PPI climbed 3.4%, matching its highest level since February 2025, signaling continued cost pressures across goods and services ... Read The Full Article US PPI Hits 3.4%, Pressures ...
) Gold futures prices slid below the $5,000 mark as hot PPI data fueled inflation concerns ahead of the Fed interest rate decision ... The report highlights headline PPI rising 0.7% month-over-month, ...
Major US indexes extended losses following the Fed’s announcement and fresh economic data ...The ProducerPrice Index (PPI) rose 0.7% in February, well above expectations of 0.3%, while annual PPI climbed 3.4%, exceeding forecasts of 2.9% ... ....
US PPIData Exceeds Market Forecasts ... The PPI measures the average change over time in the selling prices received by domestic producers for their output, serving as a leading indicator of consumer inflation.