🚨 The USA is breaking inflation records: PPI higher than expected!
📊 In July, the Producer Price Index (PPI) in the USA jumped to 3.3% — against expectations of 2.5%. This is the highest since February!
• Monthly growth: +0.9% — a record since June 2022
• The previous figure was revised from 2.3% to 2.4%
💡 Why is this important?
Rising PPI = a signal that inflation may accelerate again. The Fed will have to tighten the economy with interest rates. And this is always explosive for the markets.
⚡ The main question: will Bitcoin be a savior or will the markets drag crypto down with them?
