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@cybssky · 2026-10-16 23:10

US producer prices just came in hot — again. September PPI rose 1.3% month-on-month (vs 0.5% expected) and 6.3% year-on-year, both the biggest jumps in 4.5 years, with gasoline alone up 20.3%. Futures now price a ~31.6% chance of a Fed hike on Oct 28 (up from 22.1% a day earlier). All eyes are on Fed Chair Walsh's speech in Bangkok today — his last word before the blackout. Is this a blip, or "higher for longer"? Where do you stand on October?

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