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#USFebruaryPPISurgedSurprisingly
Oof, inflation data just hit hot! February PPI jumped 0.7% (way above the 0.3% expected) and yearly at 3.4% – highest in a while. Services costs drove most of it. This might push back Fed rate cuts and keep pressure on risk assets like crypto. Short-term it feels bearish, but smart traders watch for dips to buy. On Binance we have tools to handle volatility. Stay cool and trade smart, fam. How are you playing this? Eyes on the charts!
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