#USJulyPPIFlat Writing
#USJulyPPIFlat 🇺🇸📊
U.S. Producer Price Index (PPI) remained unchanged in July, coming in below expectations and signaling that wholesale inflation pressures may be easing. Goods prices declined while service costs saw a modest increase. Markets are now watching closely for clues on the Federal Reserve’s next move.
🔹 July PPI: 0.0% MoM
🔹 Expected: +0.2%
🔹 Annual PPI: 4.7% (down from 5.5%)
🔹 Lower inflation pressure could support a pause in rate hikes.
Will softer inflation fuel the next market rally? 📈
#pp I #Inflation #FederalReserve #USEconomy #Crypto #Bitcoin #stocks