🇺🇸 U.S. WHOLESALE INFLATION JUST SURGED TO 6.3%, ITS HIGHEST LEVEL SINCE DECEMBER 2022 🤯
September's PPI report came in hotter than expected:
📈 6.3% annual inflation
🔥 1.3% monthly increase
⛽ 10.8% jump in wholesale energy prices
👀 #Bitcoin around $80,500
The monthly PPI increase was the biggest since March 2022.
Persistent inflation could complicate the Fed's next interest-rate decisions, with implications for markets.
Meanwhile, Bitcoin's maximum supply remains 21 million. 🟠
#Bitcoin❗
September's PPI report came in hotter than expected:
📈 6.3% annual inflation
🔥 1.3% monthly increase
⛽ 10.8% jump in wholesale energy prices
👀 #Bitcoin around $80,500
The monthly PPI increase was the biggest since March 2022.
Persistent inflation could complicate the Fed's next interest-rate decisions, with implications for markets.
Meanwhile, Bitcoin's maximum supply remains 21 million. 🟠
#Bitcoin❗