The Federal Reserve's November core PPI data was released, with a month-on-month growth rate of 3%, exceeding market expectations of 2.7%. What does this result mean? In simple terms, inflationary pressures have not eased as expected.

For traders, this set of data could influence the Federal Reserve's upcoming policy direction. Higher inflation readings typically mean limited room for rate cuts, which often strengthens the US dollar and impacts dollar-denominated cryptocurrencies.

Historically, when PPI consistently exceeds expectations, market volatility tends to increase. Whether for stocks, commodities, or digital assets, it is important to pay attention to subsequent economic data and official statements.