🚨NEWS IN: PPI TO BE WATCHED MORE THAN EVER🔥🔥🔥
September 10th: A cautious tone defines the Asian session as US Treasury yields edge higher, reflecting market anticipation for two critical inflation reports this week. The August Producer Price Index (PPI) is due on Wednesday, followed closely by the Consumer Price Index (CPI) on Thursday.
This time, the PPI release is drawing unusually significant attention. As emphasized by Danske Bank research analyst Emilie Herbo, "This is not only because it precedes the release of the August CPI but also because the July data significantly exceeded expectations."
The market will scrutinize this data for the first concrete signals on how recent tariff implementations are filtering through the economy. The PPI, which measures wholesale inflation, is expected to provide initial hints on the continuous accumulation of these tariff-related costs at the producer level. This data will be crucial for shaping Federal Reserve policy expectations and determining whether the recent softening in the labor market translates into broader disinflation.
Source: FXStreet
Discl.: NOT Financial advice, DYOR.
