#USPPIRises6.3%YearOverYear
đš U.S. Producer Inflation Hits 2022 High! đșđžđ
U.S. September PPI rose 6.3% YoY, the fastest pace since 2022 and above expectations.
đ PPI: +6.3% YoY
đ„ Fastest growth since 2022
⥠Energy costs are adding pressure
đ” Could strengthen âhigher-for-longerâ rate expectations
âż Crypto impact: Higher inflation could pressure risk assets if markets expect tighter monetary policy.
â ïž Market reaction depends on how this changes Fed rate expectations.
#PPI #Inflation #Bitcoin #Crypto
đš U.S. Producer Inflation Hits 2022 High! đșđžđ
U.S. September PPI rose 6.3% YoY, the fastest pace since 2022 and above expectations.
đ PPI: +6.3% YoY
đ„ Fastest growth since 2022
⥠Energy costs are adding pressure
đ” Could strengthen âhigher-for-longerâ rate expectations
âż Crypto impact: Higher inflation could pressure risk assets if markets expect tighter monetary policy.
â ïž Market reaction depends on how this changes Fed rate expectations.
#PPI #Inflation #Bitcoin #Crypto