🚨 Inflation Alert
🇺🇸 Producer Price Index printed 3.4% vs 2.9% expected.
This upside surprise points to sticky inflation, reducing chances of near term easing by the Federal Reserve.
Macro pressure rising.
🇺🇸 Producer Price Index printed 3.4% vs 2.9% expected.
This upside surprise points to sticky inflation, reducing chances of near term easing by the Federal Reserve.
Macro pressure rising.