🚨 U.S. Inflation Alert! 🚨
🔥 July’s Producer Price Index (PPI) just came in at +3.3% YoY — smashing market forecasts of 2.5% and hitting the highest level since February.
📈 On a monthly scale, prices soared +0.9%, the biggest spike since June 2022.
💡 What this means:
Higher-than-expected inflation could shake markets.
Fed rate cut hopes might take a hit.
Traders should watch USD strength, bond yields, and risk assets closely.
Big moves ahead? Time to stay sharp.