Data is out — and it’s BETTER than expected 🔥
🇺🇸 PPI (producer price index) for the latest month:
➡️ Actual: 2.6%
➡️ Forecast: 2.7%
→ Lower inflation than expected = cooling price pressures, exactly what the Fed wants to see.
Implications for the financial market:
The probability of a rate cut in December continues to rise, as inflation is heading in the right direction.
Bonds are bouncing back, USD is weakening, risk-on sentiment is increasing.
Crypto benefits immediately, especially BTC, ETH, SOL — a group sensitive to liquidity.
CPI + PPI data in recent weeks all lean towards the scenario of the Fed starting to ease.
If the market reacts strongly tonight:
🚀 is completely reasonable.
