August PPI delivered a mixed inflation picture.
Headline producer inflation rose to 5.4% year over year, while core PPI increased 0.2% month over month.
Inflation is still running high, but the softer core reading gives markets a little room to breathe.
For now, this could support cautious optimism in the S&P 500 and $BTC, while gold remains closely tied to shifts in rate expectations.
#PPI #Inflation #BTC #SP500
Headline producer inflation rose to 5.4% year over year, while core PPI increased 0.2% month over month.
Inflation is still running high, but the softer core reading gives markets a little room to breathe.
For now, this could support cautious optimism in the S&P 500 and $BTC, while gold remains closely tied to shifts in rate expectations.
#PPI #Inflation #BTC #SP500
