🚨 US PPI Jumps to 3.3% — Inflation Heat Back On 🇺🇸
The Producer Price Index (PPI) came in at 3.3%, beating expectations and signaling sticky inflation ahead.
📉 Market Impact:
• Stocks & crypto saw an instant pullback
• Traders fear the Fed could hold rates higher for longer
• Expect high volatility & possible liquidity hunts before any clear direction
📊 Why It Matters:
PPI tracks the average change in prices producers receive for goods/services.
A hotter PPI often means inflation risks stay elevated, pushing central banks to keep tight monetary policy.
💡 Trading Outlook:
• Watch for short-term dip opportunities in gold & safe-haven assets
• Brace for quick swings in risk assets
• Stay nimble the market’s in hunt mode