PPI, inflation and wholesale
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The dollar wavered as unchanged producer prices in June relieved some of the hawkish pressure on the Fed fueled by yesterday’s CPI report.
CPI inflation rose faster than expected, aligning with forecasts for higher inflation in the coming months. Check out what investors need to know.
High frequency inflationary pressure is evident in the headline MOM inflation. Most of the pressure is coming from energy inflation, due to a spike in crude prices, followed by an increase in core inflation on account of escalating supply chain constraints.
Powell has consistently resisted political pressure from Trump to lower interest rates. And CPI data supports his right to do so.
U.S. core inflation came in softer than expected for the fifth straight month in Junebut don't let the headline fool you. While the 0.2% monthly rise helped cool nerves, signs of tariff-related pressure are starting to show under the surface.
June's uptick in consumer prices likely gives the Fed room to stay on hold as uncertainty over tariffs clouds the timing of its next rate cut, according to economists.
Inflation rose by 2.7 percent in June following warnings from economists that the cost of President Trump’s tariffs would make it through value chains and start to show up in consumer prices over
It's a trove of information for portfolio managers and macro-watchers to gauge, and trade policy news headlines are likely to continue breaking. On July 9, President Trump announced a surprise 50% levy on copper imports, followed by a steep 50% duty on Brazil. 1 Together, it put the materials sector in focus.
Trump last week announced higher duties would come into effect on August 1 for imports from a range of countries, including Mexico, Japan, Canada and Brazil, and the European Union
The June consumer price index will be the latest glimpse into whether tariffs are having an effect on consumer prices.