U.S. PPI data will be released tonight at 9:30 PM

BlockBeats News, January 14th – Investors are currently awaiting the Producer Price Index (PPI) report scheduled to be released tonight at 21:30 GMT, as well as Wednesday's U.S. Consumer Price Index (CPI) data, to further understand the economic situation and the Fed's policy direction for 2025. KCM Trade's Chief Market Analyst Walter stated that if this week's inflation data shows weakness, the US dollar may come under pressure, potentially driving gold prices higher.

Traders are currently mostly betting that the Fed will not significantly ease monetary policy in 2025. Against the backdrop of a robust economy and labor market, policymakers need to see progress in inflation slowing down before they can continue cutting interest rates. However, at present, this progress is uncertain. (Jin10)