US PPI Ex Food, Energy and Trade YoY (Dec) Y/Y 3.5% (Prev. 3.5%)
Newsquawk Staff ·
US PPI Ex Food, Energy and Trade YoY (Dec) Y/Y 3.5% (Prev. 3.5%)
What it means
The US PPI ex Food, Energy, and Trade for December remained unchanged at 3.5% year-over-year, suggesting stability in core inflation. This consistent print could influence the market's expectations for future monetary policy, potentially keeping rate hike pressures in check. Traders should monitor how this aligns with broader inflation trends and the implications for the dollar and interest rates.
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