July PPI rise reaches a new high, Fed policy direction attracts follow.

[Coin World] In July, the PPI rose by 0.9% month-on-month, the largest increase since 2023, mainly driven by trade services, intensifying inflation concerns related to tariffs. Jobless claims indicate that the labor market remains resilient, with the possibility of a 50 basis point rate cut in September dropping to zero. Fed officials oppose excessive easing policies and prefer a gradual approach. Trump downplayed the possibility of an immediate ceasefire before his meeting with Putin on Friday, shifting focus to future talks.

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HodlOrRegretvip
· 18h ago
When will the Fed be able to give a clear answer?
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SmartContractPhobiavip
· 08-15 02:29
This inflation is like riding a rocket.
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BakedCatFanboyvip
· 08-15 02:25
The Fed is trying to ruin us.
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WenMoonvip
· 08-15 02:18
The Bear Market is about to fall asleep.
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WhaleMinionvip
· 08-15 02:15
Stop pretending, Short Position is the real deal.
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TokenTherapistvip
· 08-15 02:08
Help! There's another pullback.
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AltcoinAnalystvip
· 08-15 02:06
From historical data, short-term inflation pressures are likely to continue to disrupt the market.
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