🚨JUST OUT: U.S. PPI inflation SURGES to 6.3%, significantly HIGHER than expectations. - Headline PPI YoY: 6.3% vs. 5.4% expected and 5.4% prior - Core PPI YoY: 5.0% vs. 4.4% expected and 4.6% prior Producer inflation accelerated sharply, reinforcing concerns over persistent price pressures following yesterday's hotter-than-expected CPI report. The surprise could strengthen bets on further Fed RATE HIKES, adding pressure to Bitcoin, crypto and U.S. stocks.