🚨 BREAKING: U.S. PPI INFLATION SOARS TO 6.3%, ITS HIGHEST LEVEL SINCE DECEMBER 2022!
Both CPI and PPI have come in above expectations.
Inflation is rising as the economy and labor market weaken, fueling fears of stagflation.$AKE
The Fed now faces greater pressure to keep rates high or even raise them again.$ZEREBRO
This could mean further declines for Bitcoin and stocks.$BSP
Kevin Warsh will speak tomorrow, and all eyes will be on his response to these inflation figures.
#CPIWatch #PPI #WarshPushesToScaleBackForwardGuidanceAndDotPlot #EtherTook60%OfCryptoLiquidations