U.S. PPI inflation rose to 2.9% in January, above expectations of 2.6%, leading to the BTC price dropping below $66,000.
The January Producer Price Index landed with a predictable media spin: “hotter than expected” and therefore proof that ...
Discover the differences between CPI and PPI as they measure price changes and inflation in diverse goods and services ...
The latest PPI data could give the Fed “another reason to be more patient with rate cuts,” said Chris Zaccarelli of ...
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Inflation data sends markets reeling
Bitcoin previously hit a record high above $126,000 in October 2025.
January wholesale inflation data surpassed estimates, hitting stocks as traders fret over the path of interest rate cuts.
Prices paid by businesses for their supplies increased at an annual rate of 2.9%, above expectations, the Bureau of Labor Statistics said on Friday.
The prices businesses pay to each other took a sharp turn higher in January, new data showed Friday, indicating that more tariff-related price increases could be still to come.
A hotter-than-expected inflation reading appears to be weighing on U.S. equity futures, as some investors worry that it could inspire the Federal Reserve to delay its next interest-rate cut. "The Prod ...
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