PPI Follows CPI Trend of Cooling Inflation: What Does it Mean for Fed?

More reprieve for investors worried about inflation hit the tape Thursday morning when PPI came in cooler than expected. Kevin Hincks takes a deep dive into the report and points to key metrics signaling that inflation is cooling and lowering the chances for an interest rate hike from the Fed.

Source: Schwab Network

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Category General

Source Schwab Network

Published 1 month ago

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News ID #6,191

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