📉 BREAKING: US PPI Cools to 2.3% – Below Forecasts!
The Producer Price Index (PPI), a key measure of wholesale inflation, has come in at 2.3%, surprising markets by falling below expectations.
💡 What it means:
Lower PPI indicates easing inflationary pressure — a signal that prices at the production level aren’t rising as fast.
🧠 Why it matters:
This cool-down gives the Federal Reserve less incentive to maintain high interest rates, boosting hopes for a more dovish stance in upcoming meetings.
📊 Market watchers are already speculating:
Rate cuts may now be closer than expected.
