US PPI Ex Food, Energy and Trade MoM (Nov) M/M 0.2% vs. Exp. 0.2% (Prev. 0.7% )

US PPI Ex Food, Energy and Trade MoM (Nov) M/M 0.2% vs. Exp. 0.2% (Prev. 0.7% )

The US PPI Ex Food, Energy and Trade for November came in at 0.2%, matching expectations but significantly lower than the previous month's 0.7%. This suggests a deceleration in core inflation pressures, which could influence the market's outlook on future monetary policy and interest rates, especially as the Fed weighs growth versus inflation risks.