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Market Impact: 0.15
After Hot CPI, Hot PPI: Producer Prices Rose the Most Since 2022
Source: 247wallst.com
InflationEconomic DataInvestor Sentiment & Positioning
Two inflation reports were released this week, and producer prices recorded a development not seen since early 2022; the article does not specify what that development was. Whether stocks are right to shrug it off depends on one specific part of the data, leaving the market implication unresolved.
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