The Fed is expected to cut interest rates next week, with PPI increasing by 2.6% year-on-year in August
Source: ChainCatcher
Time: 2025-09-10 21:14:01
According to ChainCatcher, according to Kingshin, PPI rose 2.6% year-on-year in August, down from the 3.1% increase in July, alleviating market concerns about inflationary pressure. Traders bet that the Fed could launch a series of rate cuts at its meeting next week, with a 25 basis point cut for the first time and continue to cut rates by the same amount by the end of the year.