🇺🇸 US PPI Hotter Than Expected 🚨

📊 PPI: 3.3% (Exp. 2.5%, Prev. 2.4%)

📊 Core PPI: 3.7% (Exp. 2.9%, Prev. 2.6%)

What is PPI ?

PPI is "Producer Price Index", it measures prices producers get for goods/services.

Think of it like this:

CPI = what you pay at the store,

PPI = what companies charge to sellers.

Higher PPI = early inflation signal → Fed may delay rate cuts.

Currently market still expect 94.5% chance of a September rate cut.