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Market Impact: 0.35
Hincks: Hotter PPI & $100 Crude Oil Won't Contribute to Interest Rate Hike
Source: youtube.com
InflationEconomic DataMarket Technicals & Flows
August producer-price inflation increased from July but matched Wall Street estimates. Despite the in-line print, stocks remained under pressure, signaling investor caution over the inflation and rate outlook.
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Overall Sentiment
mildly negative
Sentiment Score
-0.15
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