🔥 US PPI: Core producer inflation jumped 0.9% in July, with an annual rise of 3.3% — the biggest since February. Price gains were fueled by services and food, while the core measure (excluding food, energy, and trade services) climbed 0.6%.
💰 Fed Outlook: Odds of a September rate cut have slipped to 92.7%, with the likelihood of a 50 bps cut now at zero.
🚀 Crypto Takeaway: Higher inflation and steady rates could spark market volatility, creating chances for fractional entries and short-term plays.
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