The US PPI data will be released tonight at 21:30
ChainCatcher news, investors are currently awaiting the Producer Price Index (PPI) report to be released tonight at 21:30, as well as the U.S. Consumer Price Index (CPI) data on Wednesday, to gain further insight into the economic situation and the Federal Reserve's policy direction for 2025.KCM Trade Chief Market Analyst Watters stated that if this week's inflation data is weak, the dollar may come under pressure and decline, which could drive up gold prices.Traders are generally betting that the Federal Reserve will not significantly ease monetary policy in 2025. Against the backdrop of a robust economy and labor market, policymakers need to see new progress in inflation slowing down in order to continue cutting interest rates. However, at this point, such progress is uncertain.