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🚨 US Core PPI Shocker
The latest US core PPI print landed at 3%, blowing past economist expectations of 2.7%. That's a significant gap.
Hotter-than-expected inflation readings typically fuel concerns about further rate holds and delayed rate cuts. For crypto markets, this kind of macro data matters—it shapes Fed policy outlook and overall market sentiment toward risk assets.
Keeping tabs on inflation trends remains crucial for understanding potential headwinds or tailwinds in the digital asset space.