​PPI Unexpectedly Prints Hotter Than Expected Across The Board – Tyler Durden

PPI Unexpectedly Prints Hotter Than Expected Across The Board After yesterday’s in line – but really cooler than whispered – CPI which restored hope in a December rate cut, all eyes are on this morning’s PPI print to boost dovish hopes that the Fed’s easing cycle would remain on track. It was not meant to be, however, as the PPI came in hotter than expected across the board on both a monthly and annual basis. Starting at the top, headline PPI rose 0.2% MoM (in line with the +0.2% expected) but September was revised higher from 0.0% to 0.1%; meanwhile…  — Continue at ZeroHedge News : Read More