US PPI rises to 2.6% YoY, slightly below expectations (2.8%)
What it means:
• Inflation pressures are easing a bit
• Markets may interpret this as a dovish signal
• Eyes now on the FOMC decision & CPI tomorrow
What it means:
• Inflation pressures are easing a bit
• Markets may interpret this as a dovish signal
• Eyes now on the FOMC decision & CPI tomorrow