6 stories tagged #Producer Price Index

  1. Bitcoin Drops Below $80K as Producer Prices Surge 6%
    crypto

    Bitcoin Drops Below $80K as Producer Prices Surge 6%

    U.S. producer prices rose far more than expected in April, putting pressure on Bitcoin and complicating the Fed's path forward.

    3w ago 1 min read
  2. China's Inflation Surges: PPI Hits 2.8%, CPI Rises 1.2%
    finance

    China's Inflation Surges: PPI Hits 2.8%, CPI Rises 1.2%

    China's April PPI rose 2.8% year-on-year, beating expectations, ending a 41-month deflation streak. CPI climbed 1.2%.

    3w ago 1 min read
  3. South Korea Producer Prices Surge to 3-Year High Amidst Oil Price Spike
    finance

    South Korea Producer Prices Surge to 3-Year High Amidst Oil Price Spike

    South Korea's producer prices saw their fastest annual increase in over three years in March, driven by a significant jump in oil and coal prices following Middle East conflict.

    last mo. 1 min read
  4. Fed Keeps Rates Steady Amid Inflation, Geopolitical Tensions
    finance

    Fed Keeps Rates Steady Amid Inflation, Geopolitical Tensions

    The Federal Reserve maintains 3.5%-3.75% interest rates as inflation rises and geopolitical risks persist, weighing on market sentiment.

    2mo ago 1 min read
  5. US PPI Surges 0.7% as Bitcoin Dips Near $72,000
    finance

    US PPI Surges 0.7% as Bitcoin Dips Near $72,000

    Wholesale inflation beats forecasts, fueling price concerns. Bitcoin retreats as producer costs accelerate for the first time this year.

    2mo ago 1 min read
  6. Whales Dump $3.2 Billion Bitcoin Ahead of Federal Reserve Decision
    crypto

    Whales Dump $3.2 Billion Bitcoin Ahead of Federal Reserve Decision

    Major Bitcoin holders transfer $3.2 billion to exchanges amid speculation of price drops before the Federal Reserve meets and inflation data releases.

    2mo ago 1 min read