CandleFocus US PPI Inflation Comes In At 2.4%; Bitcoin Drops Below $90k
2024-11-14
Author: Content Editor
The US Producer Price Index (PPI) has revealed that inflation has increased to 2.4%, up from the previous reading of 1.9%. This follows a recent spike in the US Consumer Price Index (CPI) inflation figure for the first time in eight months. These data are significant as they will influence the Federal Reserve's decision regarding their monetary stimulus plan, causing market concerns.
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