dinsdag 13 juni 2017

Core Producer Prices Rise At Fastest Pace In 3 Years, Above Fed Mandate

For the first time in 3 years, Core Producer Prices have risen at a faster pace than The Fed's mandated 2% target. May PPI (ex food and energy) rose 2.1% year-over-year, the highest since May 2014, as goods prices tumbled (gasoline, motor vehicles, fresh fruit) while services costs (retailer and wholesaler prices, and residential lending) jumped. May 2014 was the last time that Core PPI (Ex Food and Energy)...

# Is this the well-timed excuse for a rate-hike tomorrow, despite collapsing macro data since the last Fed rate hike?