US PPI Surpassed Expectations!
đșđž The US January Producer Price Index (PPI) was announced above expectations.
âą Production costs are rising faster than anticipated
âą Inflationary pressure has not yet fully dissipated
âą The Fed's scope for "early interest rate cuts" is narrowing
đ Implications for markets:
This data signals short-term pressure on risky assets and increased volatility.
đ Focus now on:
â Fed rhetoric
â Bond yields
â Dollar strength

