What is PPI? It is the most sensitive inflation thermometer on the production side. This time the reading "exploded", meaning that corporate costs are "running a high fever". If this high fever does not subside, the consequences are very direct:
Inflation expectations rise again: with higher costs for businesses, ultimately the burden falls on the consumers, how can consumer prices (CPI) not be under pressure? With consumers' wallets shrinking, the Federal Reserve will be even more cautious in easing off the gas on this "Long March" against inflation.
"September interest rate cut is shrouded i
View OriginalInflation expectations rise again: with higher costs for businesses, ultimately the burden falls on the consumers, how can consumer prices (CPI) not be under pressure? With consumers' wallets shrinking, the Federal Reserve will be even more cautious in easing off the gas on this "Long March" against inflation.
"September interest rate cut is shrouded i