On the SPOT™ blog (02/16/2024) [M..]
- Salyl Bhagwat
- Feb 16, 2024
- 2 min read
PPI and core PPI data showed that prices rose more than expected in January. This seems to correspond to the CPI data from earlier this week and reiterates the fears some investors have about obstinate inflation that could trigger slower rate cut schedule from Feds. All three major US indices are in the red this morning (PST).
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