IMPORTANT NEWS🔥: #USPPIAboveExpectations
Signalling #Inflation pressure:
An opportunity??
The US Producer Price Index (PPI) rose to 3.3%, exceeding expectations and indicating ongoing inflation concerns.
This higher-than-expected PPI led to a sharp market pullback in stocks and cryptocurrency due to fears of prolonged high interest rates by the Federal Reserve.
Increased market volatility is anticipated, with potential for rapid price swings and liquidity hunts.
A higher PPI typically signals future inflation risk, and current market dips might present opportunities for purchasing at lower price.