PPI came in benign, but AI- and energy-driven inflation keeps ripping higher. No change in the odds of a rate hike.
→ PPI final demand: 6.52% YoY (NSA)
→ PPI processed goods for intermediate demand: 14.47% YoY (SA)
#Economy #FOMC
Watching: $SPY $QQQ $XLE
→ PPI final demand: 6.52% YoY (NSA)
→ PPI processed goods for intermediate demand: 14.47% YoY (SA)
#Economy #FOMC
Watching: $SPY $QQQ $XLE
