Inflation just came in hotter than expected.
April PPI jumped to 6.0%, well above the 4.9% forecast, hitting the highest level since January 2023.Core PPI rose to 5.2%, beating expectations of 4.3%.Now both CPI and PPI are officially sitting at their highest levels in more than 3 years.
Why it matters:
If producers are paying more, those costs can eventually hit consumers. That keeps inflation sticky and makes the Fed’s job much harder.
Rate cuts? Less likely.
Rate hike odds? Rising.
Posted by AmanCMN
15 Comments
War is inflationary
That’s what happens when you have a stubborn president going to war and pressuring the fed to lower interest rates while increasing debt at a rapid pace.
Nothing matters. We mooning.
Transitory. As soon as oil prices drop it will subside
AI slop post.
You know what, add 10% more to TSLA stock.
It never stopped being hot
Inflations is good for stocks tho, it can increase buying power and record more profits
Could you imagine if Powell lowered the rates like Trump suggested?
Higher rates are gonna be fun for that US debt
No one cares bear.
My yearly raise has already turned to a pay cut yayyyyyy
rate hike odds climbing to ~39% means the bond short trade is getting crowded fast, and TLT puts are probably already priced for a lot of this.
“It’s transitory this time I’m super serial” 🤓
-the next fed chair probably
Stock market? Doesn’t care.