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US wholesale inflation heated up less than expected last month
There appears to be some welcome news on the US inflation front. Price hikes on the wholesale level were much tamer than anticipated in December, according to the latest Producer Price Index released Tuesday, indicating that inflation might not be reaccelerating as much as feared. However, Tuesday’s positive PPI report may merely be “the calm before the storm,” cautioned economist Chris Rupkey at FwdBonds. President-elect Donald Trump has threatened to unleash a series of steep tariffs on key US trading partners, stoking fears that higher costs will be passed along to American consumers. “A small victory ... (full story)
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- Jan 14, 2025 7:51pm Jan 14, 2025 7:51pm
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objective - | Joined Apr 2014 | Status: Trader | 159 Comments
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- Posted: Jan 14, 2025 11:41am
- Submitted by:Category: Fundamental AnalysisComments: 1 / Views: 4,730
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