US PPI data will be released at 21:30 tonight
investors are currently waiting for the Producer Price Index (PPI) report to be 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 policy direction of the Federal Reserve in 2025. Walter, Chief Market Analyst at KCM Trade, said that if this week's inflation data is weak, the dollar may come under pressure and this could push up gold. Traders are currently betting that the Fed will not significantly ease monetary policy in 2025. In the context of a robust economy and labor market, policymakers need to see new progress in slowing inflation before they can continue to cut interest rates. However, at present, such progress is uncertain. (Jinshi)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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