Damian Gallastegui
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Damian Gallastegui
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USAugustPPIRisesLessThanExpected
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🚨 US AUG PPI: Rises LESS Than Expected! Bullish for Crypto? 🚀
PPI +0.4% MoM as expected, but CORE PPI only +0.2% vs +0.3% expected - cooling!
What it means:
• Wholesale inflation softer than feared
• Fed rate hike chance now 62% - but dovish signals coming
• Core PCE revisions expected downward - bullish
• BTC usually pumps on softer PPI
Fed meeting Sep 15-16 - Market now expects pause, not hike?
Is this the green light for Q4 rally?
#Bitcoin #PPI #Fed #CryptoNews #BTC#usaugustppiriseslessthanexpected
True News
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SECApprovesNasdaqTexasCommodityTrustRule
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ECBRaisesRatesSecondTimeTo2.5%
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