🚨ATTENTION🚨

Inflation is rising sharply in the US to figures well above expectations 👀🚨

Today's PPI reading has been quite high…

Year-on-year general PPI: 3.3% (exp. 2.5%, prev. 2.3%)

Year-on-year core PPI: 3.7% (exp. 2.7%, prev. 2.5%)

At this rate, they won't cut rates for another two years 😅