#美7月PPI年率高于预期#

PPI exceeded expectations, Federal Reserve: I choose to keep holding on!
The U.S. July PPI unexpectedly rose, just like when you think you've successfully lost weight, but the scale shows an extra tick. The Federal Reserve originally planned a glamorous turnaround in September, giving the market a taste of rate cuts, but now it seems they have to hold on to the "bitter medicine of high interest rates" and continue to endure.
High PPI means there is significant price pressure on the production side, leading companies to pass on costs to consumers, ultimately pushing up the CPI. In other words, the Federal Reserve's "inflation retreat" script has hit a snag, and Wall Street investment banks' calculations are all in disarray. The stock market, which originally looked forward to a wave of liquidity recovery, now has to face the reality of "interest rates not falling and funds being tight."
But don't worry, the market has seen this kind of drama countless times—first panic, then adaptation, and then finding excuses to speculate anyway. The crypto world is even more interesting; the highs and lows of PPI can't control the emotions of crypto enthusiasts, after all, who cares about Powell? The rise and fall of Bitcoin is the core of faith.