Techub News reports that, according to Wu Blockchain, the U.S. core Producer Price Index (PPI) for April increased by 1% month-over-month, marking the largest rise since March 2022, well above the market expectation of a 0.3% increase, with the previous figure revised up to 0.2%. This data excludes food and energy prices, reflecting ongoing inflationary pressures on the producer side. The market is focused on the potential impact of this indicator on the Federal Reserve's monetary policy path, as the above-expected growth in core PPI may reinforce market expectations of maintaining high interest rates.

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