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Breaking: U.S. PPI Inflation Comes In Hot At 3%, Bitcoin Falls

The U.S. Producer Price Index (PPI) inflation data for December has come in way above expectations, signaling that inflation continues to persist. Bitcoin fell following the U.S. PPI inflation data, which is bearish as it could further delay rate cuts. PPI Inflation Rises To 3% In December YoY Bureau of Labor Statistics data shows that […]

The U.S. Producer Price Index (PPI) inflation data for December has come in way above expectations, signaling that inflation continues to persist. Bitcoin fell following the U.S. PPI inflation data, which is bearish as it could further delay rate cuts. PPI Inflation Rises To 3% In December YoY Bureau of Labor Statistics data shows that

The post Breaking: U.S. PPI Inflation Comes In Hot At 3%, Bitcoin Falls appeared first on CoinGape.

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