Crypto traders are bracing for another higher-than-expected August US PPI print, after a hot 0.9% July PPI reading amid sticky inflation. While economists expect the producer price index (PPI) to rise 0.3% month-on-month (MoM), tariffs and renewed geopolitical tensions could raise inflation.

Wall Street experts stated that the Fed rate cuts would resume in September despite rising inflation. The weaker labor market will likely push the FOMC to at least cut interest rates by 25 bps next week.