🇺🇸 #USAugustPPI came in at +0.4% month-over-month in August, matching expectations, while annual producer-price inflation accelerated to 5.4% from 4.8% in July. Core PPI rose a softer-than-expected 0.2% MoM.
The mixed data keeps the Fed outlook uncertain, with traders now watching Friday’s CPI report for the next major signal. 📊
#PPI #Inflation #Fed #Markets #EconomyUpdate"
$PPI.ETF
The mixed data keeps the Fed outlook uncertain, with traders now watching Friday’s CPI report for the next major signal. 📊
#PPI #Inflation #Fed #Markets #EconomyUpdate"
$PPI.ETF