đš US AUG PPI: Rises LESS Than Expected! Bullish for Crypto? đ
PPI +0.4% MoM as expected, but CORE PPI only +0.2% vs +0.3% expected - cooling!
What it means:
âą Wholesale inflation softer than feared
âą Fed rate hike chance now 62% - but dovish signals coming
âą Core PCE revisions expected downward - bullish
âą 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
PPI +0.4% MoM as expected, but CORE PPI only +0.2% vs +0.3% expected - cooling!
What it means:
âą Wholesale inflation softer than feared
âą Fed rate hike chance now 62% - but dovish signals coming
âą Core PCE revisions expected downward - bullish
âą 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
