Inflation Gone In November? US Producer Prices Top Estimates At 7.4% YoY, Supporting Fed Hikes Into 2023

by confoundedinterest17 Is inflation gone in November? Nope. US producer prices rose in November by more than forecast, driven by services and underscoring the stickiness of inflationary pressures that supports Federal Reserve interest-rate increases into 2023. The producer price index for final demand climbed …

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ECB should be worried, look at the Italian 10-year! Swiss producer & import prices inflation surged to new high since Sep. 1981!

ECB should be worried, look at the Italian 10-year! pic.twitter.com/aYVMqx8Eux — Special Situations 🌐 Research Newsletter (Jay) (@SpecialSitsNews) June 15, 2022 🇪🇺 #ECB to hold unscheduled meeting to discuss market rout – Reutershttps://t.co/MGGztySGrS — Christophe Barraud🛢🐳 (@C_Barraud) June 15, 2022 …

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U.S. producer price inflation jumps 9.7% in December from a year ago, the highest y/y increase on record. U.S. DOLLAR plummeting hard. The Fed is still acting too slowly??

U.S.🇺🇸 DOLLAR 💵 pic.twitter.com/yNiCOpMcHi — Win Smart, CFA (@WinfieldSmart) January 13, 2022 US December headline PPI inflation came in at 9.7%, a new record and just below the median forecast. The core measure was 8.3%, compared to the prior 7.7% …

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From transitory to persistent… the narrative is shift​ing… Producer prices have skyrocketed and Americans are consuming more but producing less.

From transitory to persistent.. the narrative is shift​ing. $Gold. https://t.co/fNuEP4nYnw — Daniel March (@Daniel_March3) December 16, 2021 The Fed may slow or eliminate new bond purchases but is not planning to sell. Meanwhile, producer prices have skyrocketed and Americans are consuming …

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