US PPI Inflation Comes in at 2.6%, JPMorgan Gives Dire Warning
Key Insights: The headline PPI inflation comes in at 2. 6% while the PPI month-over-month inflation dropped despite Trump tariff jitters. The PPI increased slowly month-over-month, eventually resulting in traders fully pricing two Fed rate cuts this year. Bitcoin and other crypto prices fell ahead of Friday’s options expiry and geopolitical tensions in the Middle East
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