#HotJulyPPI 🔥 #HotJulyPPI

The Producer Price Index report for July came in hotter than expected, reflecting higher inflationary pressures in the production sector.

📊 This data may increase the likelihood of interest rates remaining high for a longer period, which could put pressure on liquidity in the markets and affect risk appetite.

❓ In your opinion, does this mean that the Fed might lean towards a more hawkish tone in its upcoming meeting? Or will the markets ignore the numbers and continue to rise?