Scan to download
BTC $75,833.72 -2.03%
ETH $2,359.41 -3.12%
BNB $633.33 -1.39%
XRP $1.43 -3.50%
SOL $86.64 -3.25%
TRX $0.3298 +1.25%
DOGE $0.0955 -4.94%
ADA $0.2485 -5.57%
BCH $445.70 -2.57%
LINK $9.36 -3.68%
HYPE $44.24 -0.75%
AAVE $111.81 -4.79%
SUI $0.9600 -6.14%
XLM $0.1689 -4.02%
ZEC $325.19 -3.80%
BTC $75,833.72 -2.03%
ETH $2,359.41 -3.12%
BNB $633.33 -1.39%
XRP $1.43 -3.50%
SOL $86.64 -3.25%
TRX $0.3298 +1.25%
DOGE $0.0955 -4.94%
ADA $0.2485 -5.57%
BCH $445.70 -2.57%
LINK $9.36 -3.68%
HYPE $44.24 -0.75%
AAVE $111.81 -4.79%
SUI $0.9600 -6.14%
XLM $0.1689 -4.02%
ZEC $325.19 -3.80%

Analyst: The latest PPI data gives the Federal Reserve no reason to cut interest rates

2025-02-13 22:26:45
Collection

ChainCatcher news, according to Jin Shi reports, Granite Bay Wealth Management analyst Paul Stanley commented on the January PPI report, stating that the Federal Reserve "has no reason to cut rates now." The 0.4% increase was higher than the expectations of economists surveyed earlier, but lower than the revised 0.5% increase from December last year. Prior to this, the CPI data released yesterday also exceeded expectations.

Stanley stated, "The timing of rising inflation is particularly special, as the economy is preparing for tariffs, and if tariffs continue, it could add another layer of inflationary pressure." He added that fixed-income investors may see an opportunity to lock in higher yields at this time.

app_icon
ChainCatcher Building the Web3 world with innovations.