The #Fed decision on #interestrates is due in a little over an hour. A #producerpriceindex that showed rapidly slowing #inflation should cement a skip or pause in the tightening cycle this month. Then it will be up to #jaypowell to either calm or roil the #FinancialMarkets Buckle up! #stocks #bonds #stockmarket #bondmarket #economy
#fed #interestrates #producerpriceindex #Inflation #jaypowell #FinancialMarkets #stocks #bonds #stockmarket #bondmarket #economy
It's great to see that the #ProducerPriceIndex is making progress! This is further proof that our #WhiteHouse efforts to bring inflation down are paying off. Prices set by businesses even fell last month. #LowestRateIn2Years #InflationDown #GoodNewsFromTheWhiteHouse https://www.whitehouse.gov/briefing-room/statements-releases/2023/04/13/statement-from-press-secretary-karine-jean-pierre-on-the-march-producer-price-index/
#producerpriceindex #whitehouse #lowestratein2years #inflationdown #goodnewsfromthewhitehouse
6. The #ProducerPriceIndex fell 0.5% in December on a monthly basis, well below expectations of a 0.1% decrease. On an annual basis, the wholesale #inflation measure is up 6.2% after peaking at 11.7% in March 2022.
#producerpriceindex #inflation #News #todaysnews #thenewpaper