𝐖𝐡𝐢𝐜𝐡 𝐏𝐏𝐈 𝐧𝐮𝐦𝐛𝐞𝐫 𝐝𝐨𝐞𝐬 𝐭𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐛𝐞𝐥𝐢𝐞𝐯𝐞? 👀
Today’s PPI report basically told two different stories.
Headline: 5.4% YoY, up from 4.8% in July.
Core: 0.2% MoM, below the 0.3% expected.
One says inflation is still a problem.
The other says underlying price pressure might be cooling.
And with energy prices jumping 4.2% in August, that 5.4% headline is hard to ignore.
But markets don’t always react to the biggest number. Sometimes it’s the part that comes in softer than expected that matters more.
That’s what I’m watching now across BTC and TradFi on BingX.
If you had to pick one: headline or core?
#BTC #BTC Price Analysis# #Macro Insights# #PPI $BTC $ETH
Today’s PPI report basically told two different stories.
Headline: 5.4% YoY, up from 4.8% in July.
Core: 0.2% MoM, below the 0.3% expected.
One says inflation is still a problem.
The other says underlying price pressure might be cooling.
And with energy prices jumping 4.2% in August, that 5.4% headline is hard to ignore.
But markets don’t always react to the biggest number. Sometimes it’s the part that comes in softer than expected that matters more.
That’s what I’m watching now across BTC and TradFi on BingX.
If you had to pick one: headline or core?
#BTC #BTC Price Analysis# #Macro Insights# #PPI $BTC $ETH
