#HotJulyPPI ๐ฅ *Hot July PPI: Inflation Pressure Back On?*
The *Producer Price Index (PPI)* for July just came in hotter than expected โ signaling that *inflation may not be cooling off just yet*. As PPI measures the cost of goods at the wholesale level, a spike often means higher consumer prices are around the corner.
What it means:
๐ Increased costs for producers
๐ธ Possible pressure on consumer prices (CPI next?)
๐ Rate cut hopes may slow down
๐ Markets reacting with caution
*HotJulyPPI* is a wake-up call: inflation isnโt done, and the Fed may stay hawkish longer than bulls hoped.
#HotJulyPPI