The November Producer Price Index painted a more hawkish picture than anticipated. The headline PPI climbed 0.2% month-over-month—matching expectations—but the year-over-year reading accelerated to 3.0%, beating the forecast of 2.7%. Core PPI, which strips out volatile food and energy prices, held flat at 0.0% MoM, below the expected 0.2% advance, yet still sitting at 3.0% annually—above the 2.7% projection.
This mixed bag sends a complicated signal. While core momentum slowed sequentially, the sticky annual inflation readings suggest underlying price pressures haven't cooled as much as markets hoped. For crypto traders and macro watchers, this feeds into the broader debate about Fed policy timing and rate cut probability. Stickier inflation can prolong rate-hold scenarios, which historically impacts risk asset demand, including digital assets.
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GateUser-00be86fc
· 11h ago
ngl this data is indeed a bit heartbreaking. An annualized 3% doesn't seem so pessimistic, but the market still needs to panic
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Wait, core PPI didn't rise but actually stayed flat? This gives the Fed some room to maneuver
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It's another one of those mixed signals, the most annoying kind. How are we supposed to trade?
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3% annualized sticky inflation... hmm, the coins I hold might drop again
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Basically, inflation isn't coming down as quickly as expected. The FED still has to hold, which isn't very friendly to us
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So is this good news or bad news? Never mind, I'll wait for the drop to buy the dip
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ProofOfNothing
· 01-16 00:26
Here comes inflation data again, stirring the pot. The annualized 3.0% figure is quite stubborn. Is the Fed really going to hold for longer?
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Core PPI remains unchanged, but the annual data is still sticky. Not exactly good news for the crypto world.
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Honestly, mixed signals are the most annoying. Uncertain about the rate cut schedule, and risk assets are hanging in the balance.
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Although the monthly PPI didn't exceed expectations, the annual rate hit 3.0%, which is quite embarrassing. When will it bottom out?
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The market initially hoped for cooling inflation, but this set of data is still somewhat sticky. The probability of a short-term rate cut might have to be pushed further back.
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Inflation sticky situations are the most frustrating. They put long-term pressure on risk assets, and this wave of crypto will have to endure together.
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FundingMartyr
· 01-14 14:02
Year-over-year growth of 3.0% suddenly broke expectations, while core PPI is still stuck at 3.0%... It seems the Fed won't be rushing to cut interest rates in the short term, and BTC will have to ride out this round of inflation turmoil.
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CryptoMom
· 01-14 13:43
Damn, it's that kind of "good news, bad news" trick again. The Fed really can't get inflation under control.
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VitalikFanboy42
· 01-14 13:41
Damn, annualized increase of 3%, the Fed definitely won't dare to cut interest rates now...
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Stubborn inflation is really annoying, feels like BTC is about to be suppressed again
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Wait, core PPI is actually flat? Why is this data so contradictory...
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Another ambiguous set of data, who the hell can understand what the Fed will do next
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3.0% annualized... my BTC position is gone again, damn it
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So, is interest rate cut still a distant hope? I'm getting numb
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Core shows no movement but the annualized rate is still so high, which means inflation hasn't truly eased
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Waiting for the Fed again, watching inflation again, when will this day end...
View OriginalReply0
PumpDoctrine
· 01-14 13:39
NGL, the PPI data this time is really a bit of a blow. An annualized 3% is still quite tough compared to expectations. In the short term, the Fed cutting interest rates might be delayed.
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ChainMemeDealer
· 01-14 13:34
Oops, the annualized 3.0%, which is higher than expected, this inflation stickiness is really a problem.
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The Federal Reserve still needs to hold, my coins will have to wait again.
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No movement in core PPI, but the annualized rate is still there, feels like the data is conflicting.
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This kind of mixed signal is the most annoying, should they cut interest rates or not, can they give a clear answer?
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Sticky inflation is the biggest enemy of Bitcoin; as long as interest rates don't decrease, the price remains suspended.
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Wait, if that's the case, risk assets will suffer, I need to check my positions.
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Month-over-month is not rising, but the annualized rate is so high, indicating the base effect is quickly fading, and it might get more tricky later.
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The timing of Fed policy has become a problem again, crypto traders are about to start betting again, so annoying.
The November Producer Price Index painted a more hawkish picture than anticipated. The headline PPI climbed 0.2% month-over-month—matching expectations—but the year-over-year reading accelerated to 3.0%, beating the forecast of 2.7%. Core PPI, which strips out volatile food and energy prices, held flat at 0.0% MoM, below the expected 0.2% advance, yet still sitting at 3.0% annually—above the 2.7% projection.
This mixed bag sends a complicated signal. While core momentum slowed sequentially, the sticky annual inflation readings suggest underlying price pressures haven't cooled as much as markets hoped. For crypto traders and macro watchers, this feeds into the broader debate about Fed policy timing and rate cut probability. Stickier inflation can prolong rate-hold scenarios, which historically impacts risk asset demand, including digital assets.