k

US November Core PPI inflation rises 6.2% y/y

@KYHBKO
From investing U.S. NOVEMBER CORE PPI INFLATION RISES 6.2% Y/Y; EST. 5.9%; PREV. 6.8% taken from investing website What could be the implications of a higher than expected PPI? Producer Price Index (PPI) precedes Consumer Price Index (CPI) as it is the inflationary cost impact faced by the producer during their production. These inflation are likely passed on to the consumer pending on the price inelasticity of the goods. This can imply that the inflation can continue its climb, thus, the Fed can remain hawkish with this news. The next important data is CPI next week before the Fed concludes their last rate hike for 2022. While the market expects a Fed pivot with a 50 basis points increase but we should not be surprised by a 75 basis points hike. Should the Fed feels that the inflation is heightened, they can have the option to remain hawkish. $Cboe Volatility Index(VIX)$ $S&P 500(.SPX)$ @TigerStars
US November Core PPI inflation rises 6.2% y/y

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet