ECB Hikes Rates Again Amid Ongoing Inflationary Pressures

• The ECB raised interest rates by a quarter point, the ninth straight hike, as inflation remains high.
• Retail sales climbed more than expected in August, signaling continued economic strength.
• Producer prices rose faster than anticipated, pointing to ongoing inflationary pressures.
• Bitcoin formed a "death cross," often signaling an upcoming selloff in its price.
• Investors are still advised to see the S&P 500 as a good long-term investment despite volatility.

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