According to CoinMeta, the latest data from the United States shows that the Producer Price Index ( PPI ) has dropped to 4.7%, lower than the expected 4.9%. The core PPI remained at 4.2%, in line with expectations. At the same time, the number of unemployment benefits claims reached 209,000, exceeding the expected 202,000. Analysts believe that the cooling inflation and weak labor market data may further reduce the likelihood of the Federal Reserve raising interest rates.