Cryptocurrency investors are bracing for further interest rate cuts, but controlling inflation remains crucial. Recent reports have dispelled fears about tariff-related concerns, yet the unemployment rate has soared to a record high. Today’s delayed inflation report is expected to either remain steady or signal declines, offering much needed support for cryptocurrencies. US Producer Price Index (PPI) Data: The US PPI, which tracks price changes at the wholesale level, was anticipated to stay flat at 2.6%. While the September PPI figure, held back by a government shutdown, will be released today, the October report, and subsequently the Federal Reserve’s interest rate decision, will provide crucial insight. This data is particularly significant as it follows last week’s dramatic increase in unemployment figures. Inflation Concerns Despite minor deviations from forecasts, PPI data shows a persistent upward trend. The core PPI, which excludes volatile food and energy prices, has continued to decline, while the headline PPI exceeded expectations. **What Does This Mean for Investors?** While the current data may not fully reflect today’s economic landscape, the consistent weakening of inflation, despite a slight rise in the headline PPI, offers hope for further interest rate cuts by the Federal Reserve. The potential for another cut could boost investor sentiment and potentially create more favorable conditions for cryptocurrencies.