Strong PPI Data Complicates Fed Rate Cut Path -- Market Talk

Dow Jones05-13

0909 ET - Markets are pricing in over a 30% probability of a rate hike by December, according to CME FedWatch. After hotter-than-expected producer price data, it is becoming more difficult for the Fed to justify any rate cuts this year. April producer prices rose 1.4%, above economists' expectations for a 0.5% increase. (jessica.coacci@wsj.com)

(END) Dow Jones Newswires

May 13, 2026 09:10 ET (13:10 GMT)

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