The US PPI data will be released at 21:30 tonight
2025-01-14 07:18:11
Investors are currently waiting for the Producer Price Index (PPI) report to be released at 21:30 tonight, as well as Wednesday's U.S. Consumer Price Index (CPI) data, to gain a better understanding of the economic situation and the direction of the Federal Reserve's policy in 2025. Votel, chief market analyst at KCM Trade, said that if this week's inflation data is weak, the dollar could come under pressure and fall, which could push gold higher. Traders are currently generally betting that the Federal Reserve will not ease monetary policy significantly in 2025. In the context of a solid economy and labor market, policymakers need to see new progress in slowing inflation before they can continue to cut interest rates. However, for now, such progress is uncertain. (Golden Ten)
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