US PPI Ex Food, Energy and Trade YoY (Jan) Y/Y 3.4% (Prev. 3.5%)

US PPI Ex Food, Energy and Trade YoY (Jan) Y/Y 3.4% (Prev. 3.5%)

The US PPI Ex Food, Energy, and Trade YoY for January printed at 3.4%, slightly below the previous month's 3.5%. This modest decline may signal a cooling in inflation pressures, which could influence expectations around Federal Reserve policy and rate decisions. Watch for potential reactions in fixed income and FX markets as traders assess the implications for the growth-inflation dynamic.