$XAU PPI Unexpectedly Soars to 6%, Inflation Concerns Return The April PPI shattered all forecasts, reaching 6%, significantly higher than the 4.9% expected by the crypto space. This is also the highest level recorded in the past 3.5 years. {future}(XAUUSDT) 🔸 The PPI reflects the input costs of businesses. When production costs escalate, the pressure to pass these costs on to the end consumer (CPI) becomes immense. 🔸 This signal fuels concerns that the Fed may not be able to lower interest rates anytime soon. The US dollar strengthened immediately afterward, while gold and stocks faced short-term correction pressure. With "true" inflation from production still not cooling down, will the Fed be forced to take a more hawkish stance in upcoming meetings, or will the market see a different scenario? News is for reference, not investment advice. Please read carefully before making a decision.
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