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🚨 ALERT: Jerome Powell faces renewed pressure as U.S. Producer Price Index data comes in hotter than expected. 📉
• PPI: 3.4% vs 2.9% exp. (highest since Feb 2025)
• Core PPI: 3.9% vs 3.7% exp. (highest since Jan 2025)
⚠️ A setback for the Fed’s inflation fight.