PPI Report Sparks Market Turmoil: Stocks Dive, Crypto Falters, Fed Hints at Rate Hikes
West Wood blvd – 13 May 2026 | The latest ppi report, released by the U.S. Bureau of Labor Statistics on Wednesday, showed a 1.4% month‑over‑month rise in April and a 6% year‑over‑year jump, the strongest increase since December 2022. The unexpected surge sent equity markets reeling, pushed major cryptocurrencies below key thresholds, and forced … Read more