#HotJulyPPI 🔥$BTC ✨️🪁🎊 shocked markets as U.S. wholesale prices surged 0.9% in July—the biggest jump since 2022—✨️🎊pushing annual PPI to 3.3%. Core PPI (excluding food & energy) matched the monthly gain, signaling broad cost pressures. Services inflation hit +1.1%, while goods rose +0.7%, driven by food and🧨🎉 tariff-related costs. 🎇✨️Traders now see Fed rate cuts slipping further away, sending Treasury yields and the dollar higher. Stocks wobbled but some indexes held steady. From Wall Street to crypto, the message is clear: inflation’s heat is back, and policy makers may have to keep their cool for longer. 📈💥 ✨️✨️✨️✨️✨️
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