🚨 PPI blows past expectations again! Inflation is getting out of control, and the Fed is really in a bind this time!
U.S. PPI rose 6.3% year over year in September, far above expectations. The monthly increase surged to 1.3%, the biggest jump since 2022. Even more troubling, retail sales also came in stronger than expected, suggesting U.S. consumer spending is holding up for now.
$UNI
The Fed is now caught in a dilemma: raise rates, and the economy and tech stocks could remain under pressure; hold off, and oil-driven inflation could spread further.
If the Strait of Hormuz situation remains unresolved, and rising energy prices continue to fuel inflation, will the Fed have to consider a rate hike in December?
Still, a blowout PPI reading doesn’t necessarily mean the Fed will raise rates, and the market shouldn’t base its judgment on a single data point.
Even tech stocks and semiconductors are starting to buckle, and crypto may struggle to escape unscathed.
Could it really be 2028 before risk assets have another good run?
$BTC
#沃什推动缩减前瞻指引和点阵图 #比特币现货ETF单日净流出2.61亿美元 #以太坊清算额占加密市场60%
U.S. PPI rose 6.3% year over year in September, far above expectations. The monthly increase surged to 1.3%, the biggest jump since 2022. Even more troubling, retail sales also came in stronger than expected, suggesting U.S. consumer spending is holding up for now.
$UNI
The Fed is now caught in a dilemma: raise rates, and the economy and tech stocks could remain under pressure; hold off, and oil-driven inflation could spread further.
If the Strait of Hormuz situation remains unresolved, and rising energy prices continue to fuel inflation, will the Fed have to consider a rate hike in December?
Still, a blowout PPI reading doesn’t necessarily mean the Fed will raise rates, and the market shouldn’t base its judgment on a single data point.
Even tech stocks and semiconductors are starting to buckle, and crypto may struggle to escape unscathed.
Could it really be 2028 before risk assets have another good run?
$BTC
#沃什推动缩减前瞻指引和点阵图 #比特币现货ETF单日净流出2.61亿美元 #以太坊清算额占加密市场60%