U.S. June Producer Price Index (PPI) came in at 5.5% YoY, below the 6.2% consensus, with the prior revised down to 6%; MoM fell 0.3%, the largest monthly drop since April 2020. Gasoline prices plunged 12%, accounting for nearly two-thirds of the decline in goods. Following the softer CPI print, PPI confirms cooling inflation pressure across the board. Market pricing for a July rate hike has dropped below 15%, with September odds around 45%. Fed Chair Warsh stressed that one month of data doesn't mean "mission accomplished," maintaining "zero tolerance" for persistent inflation.

















1,18M Популярність
28,9K Популярність
72,24K Популярність
913,24K Популярність
29,15M Популярність
364,02K Популярність
146,01M Популярність
289,27K Популярність
1,54M Популярність