๐จ BREAKING US September PPI just printed +1.3% month-over-month and +6.3% year-over-year โ biggest annual jump since December 2022 and far hotter than the 0.5% / 5.3-5.5% expected.
Energy (especially gasoline +20.3%) drove most of the surge, but core measures also came in elevated. This follows yesterdayโs hotter-than-expected CPI and has pushed rate-hike odds higher again.
Fresh pressure landing on risk assets. Watching $BTC and the broader market closely.
Energy (especially gasoline +20.3%) drove most of the surge, but core measures also came in elevated. This follows yesterdayโs hotter-than-expected CPI and has pushed rate-hike odds higher again.
Fresh pressure landing on risk assets. Watching $BTC and the broader market closely.