🚨 PPI SHOCKER 😳
Actual: 3.7%
Expected: 2.9%
Prior: 2.6%
What is PPI?
💡 PPI = Producer Price Index
It measures inflation at the wholesale level — how much companies pay for goods & services.
High PPI → companies pass higher costs to YOU → inflation stays hot 🔥
Hot inflation → Fed delays rate cuts → less liquidity → Investors pull out money from stocks & crypto follows 📉
Over $100 BILLION 🩸 wiped from crypto today 💥