US October PPI just dropped cooler than expected 🧊

Headline YoY: 6.5% (est. 6.6%)
Headline MoM: 0.3% (est. 0.4%)

Massive slowdown from September's +1.3% spike. Fed might actually catch a break here.

Cooler inflation = potential pivot signal. Risk-on assets could rip if this trend holds. Watch $BTC and equities closely—liquidity conditions shifting.