Analyst: Weak PPI may indicate that CPI will also be below expectations.

Recently, the Producer Price Index (PPI) in the United States has shown weak performance, and many analysts believe this may indicate that the Consumer Price Index (CPI) will also be below market expectations. PPI typically measures the input costs in the production stage. If producers' costs decrease, it may ultimately be reflected in the prices of consumer goods.
This indicates that inflation in the United States is gradually easing. This may prompt the Federal Reserve to pause further interest rate hikes. If inflation falls, the stock market and risk assets such as cryptocurrencies may attract more investors.
However, some experts warn that weak CPI data could weaken the strength of the dollar. At the same time, expectations of lower interest rates will benefit corporate financing and the investment environment. Therefore, the upcoming CPI data is seen as a key factor influencing market direction. #SOL Price Prediction# #Gate Square Mid Autumn Creator Incentive#