#USFebruaryPPISurgedSurprisingly U.S. The Producer Price Index (PPI) came in hotter than expected, rising +0.7% MoM (vs 0.3% forecast) and 3.4% YoY — the biggest jump in a year. �
Reuters +1
🔍 What’s driving it:
Energy prices surging (oil shock 📈) �
Reuters
Food & services costs rising sharply �
AP News
Businesses passing costs → inflation pipeline building
📉 Market reaction:
Stocks dipped, yields & USD moved higher �
MarketWatch
Rate cut expectations pushed further out
💡 Crypto takeaway:
Hot PPI = higher-for-longer rates → tighter liquidity → short-term pressure on BTC & alts
⚡ Bottom line:
Inflation isn’t cooling — it’s reaccelerating.
The Fed pivot just got delayed again.
**Stay cautious. Macro is in control. 🚨**
#USFebruaryPPISurgedSurprisingly #gedSurprisingly #PPI #InflationData