Fed Macro Data Alert: Producer Price Index Release

The Federal Reserve just dropped critical inflation metrics that market participants should pay attention to:

On the Producer Price Index front, the yearly reading came in hotter than anticipated at 3.0%, beating the 2.7% forecast. The monthly print showed 0.2%, slightly undershooting the 0.3% projection. Core PPI told a similar story—the annual figure hit 3.0% versus the expected 2.6%, while the monthly core reading stayed flat at 0.0%, coming in below the 0.1% consensus.

These numbers suggest persistent inflationary pressures at the producer level, which could influence Fed policy direction and market sentiment across assets including crypto markets. Traders will be watching closely to see how this data shapes expectations for future monetary policy moves.