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Gate Square New & Returning Creator Rewards are ongoing!
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Urgent:
The Producer Price Index (#PPI ) for September rises to 2.7%, higher than the expectations of 2.6%!
However, the Core PPI ( dropped to 2.6%, lower than the expected 2.7%.
The rise in PPI is less concerning compared to the weakening labor market, which gives signals that inflation is not the major issue right now.
The forecasts indicate that ) may decide on #الاحتياطي.الفيدرالي in December to support the economy, especially with the slowdown in the labor market.
This makes the markets and investors closely watch the upcoming movements of the Federal Reserve.
!!The markets will try to absorb the data, so be prepared
#خفض.الفائدة
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#CryptoNews $BTC
$SUI
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