๐จ VIP Macro Update โ PPI Surprise Drop
The US PPI (Producer Price Index) just came in at 2.3%, which is lower than expected.
๐ Why it matters:
PPI shows how much prices are rising for goods before they hit consumers.
Think of it like the price a bakery pays for flour before baking bread. If flour gets cheaper, bread might stay cheaper too.
So, when PPI falls, it can be a sign that inflation is cooling, and that often supports bullish momentum in the market โ especially for stocks and crypto.
Markets usually like this kind of news.
๐ Keep an eye on how the Fed and big investors react in the coming days.
๐ก Follow @TradingSignalhit
