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This Week’s Inflation Data: CPI and PPI Could Reshape Markets
This Week’s Inflation Data: CPI and PPI Could Reshape Markets
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BTCCSquare news:
Critical inflation reports this week—CPI and PPI—are poised to influence global markets, including commodities, equities, and cryptocurrencies. Market participants anticipate heightened volatility as these metrics could dictate Federal Reserve policy adjustments.
Cryptocurrencies, often sensitive to macroeconomic shifts, may see amplified price action. Bitcoin and Ethereum, as bellwethers, could lead the charge if risk assets rally on softer inflation data. Conversely, a hotter-than-expected print might strengthen the dollar, pressuring crypto valuations.
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