🚨 Truth Check: U.S. Core PPI Hits 3.6% vs 3.0% Expected

Wholesale inflation just surprised to the upside.

Core PPI came in at 3.6%, hotter than the 3.0% forecast — signaling inflation pressure at the producer level isn’t cooling as smoothly as markets hoped.

That complicates the rate-cut narrative.

If upstream costs stay elevated, consumer inflation may remain sticky. That means bond yields could stay firm, the dollar may strengthen, and risk assets could face short-term pressure.

Inflation isn’t gone — it’s pushing back.

Stay data-driven. 📊

#Inflation #PPI #FederalReserve #Markets #Macro

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