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Producer prices fall, real wages rise; Fed rate hikes unlikely this year amid easing inflation.

Market News
16 Jul 2026
Fox Business
View Source
Bullish
pluang ai news

The producer price index (PPI) dropped by 0.3% in June following a slowdown in May, signaling easing inflation alongside a recent deflationary consumer price index (CPI) report. Real average hourly earnings rose 0.8% in June, marking the best wage gain in 11 years outside the pandemic period. These trends have led Wall Street to revise expectations, with the Federal Reserve unlikely to raise interest rates for the rest of the year. The Fed is awaiting reports from task forces reviewing inflation measures and economic data before making policy changes. Meanwhile, inflation expectations in financial markets are falling, with stable oil prices and strong economic indicators like rising profits and productivity, suggesting a favorable economic environment often referred to as 'Goldilocks.'

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The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...

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Technical Signals
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Protocol Fundamentals
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Bitcoin wallet inactive since 2017 moves $383M in BTC, signaling no immediate sale.

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A Bitcoin wallet that had been inactive since December 2017 transferred 5,908 BTC worth about $383 million on July 16, 2026. Originally acquired at around $16,000 per Bitcoin, the initial investment was roughly $100 million, now showing a 284% gain. ...

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Neutral
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