Core PPI: 1%MoM / 5.2%YoY | PPI: 1.4%MoM / 6.0%YOY

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    Posted by deepserket

    27 Comments

    1. tropicalia84 on

      Haven’t had a rate cut in 6 months and QQQ is still over $700

      Nobody cares

    2. HumanFromTexas on

      Imagine if JPow wasn’t such an adult and we were cutting rates this whole time.

    3. __nameless____ on

      “🥭 is out of the country, quick, upload the real PPI data” lmao

    4. fenriswulfwsb on

      And premarket is green. Who knew we got to live through our own roaring 20s

    5. But for real, isn’t it priced in? I mean nothing new here, energy supply shock is in the news for months now

    6. Spiritual_Bat7343 on

      6 percent yoy ppi is basically a roadmap for what cpi prints in june and july. ppi leads cpi by 30 to 60 days usually, and services are the bigger driver this print which is the part that doesn’t unwind on its own. that’s the thing that should be moving markets, not the headline number itself. fed has fewer doves left to cut now

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