Will Inflation Data Impact Crypto Prices?

Inflation data will be closely watched by investors as it could influence the Federal Reserve’s next moves regarding interest rate cuts. The Producer Price Index (PPI) and Consumer Price Index (CPI) are scheduled for release in the coming days, providing crucial insight into the overall inflation trend in the U.S. This information is essential for gauging whether or not a reduction in interest rates will occur, as well as for understanding the potential impact of tariffs on inflation.