Inflation tiger is out of the cage, the Fed's interest rate stick is about to be raised again!" - The recently released U.S. July PPI data far exceeded expectations, dropping a heavy bomb on the global market.
1. Data shocks the market: Inflation cannot be suppressed at all
The latest data from the U.S. Department of Labor shows:
July PPI annual rate 3.3% (expected 2.5%)
July PPI monthly rate 0.9% (expected only 0.2%)
What does this mean?
Producer Price Index (PPI) is a leading indicator of CPI
Data shows that corporate costs are still rising rapidly
Ultimately, this will inevitably be passed on to consumer prices
2. The Federal Reserve's dilemma: Raise rates or not?
This data puts the Federal Reserve in a dilemma:
Continue to raise interest rates: May trigger economic recession
Pause interest rate hikes: Inflation may go out of control again
The key point is:
The probability of a rate hike in September has risen to 65%
Market expects rates to remain higher for longer
3. Impact on the crypto world: Short-term bearish, long-term bullish
1. Short-term impact:
Rising interest rate expectations will suppress risk assets
BTC may test the 29000 support level again
2. Long-term opportunities:
High inflation environment highlights Bitcoin's anti-inflation properties
Institutional allocation demand may increase
4. How should investors respond?
Short-term players: Control positions and wait for clear signals from the Federal Reserve
Long-term holders: Can gradually accumulate quality assets on dips
All investors: Must pay attention to this week's CPI data
Important reminder:
"In the face of inflation data, all technical analysis must give way."
"Real opportunities are always reserved for those who are prepared."
I am Seagull, a veteran in the crypto world who speaks with data.
Follow my in-depth analysis to see through the essence of the market. For trading, please check the profile introduction.