PPI soared 6.5% YoY in October, the highest rate since 2022. MoM, PPI was in line with consensus. The print took some of the froth off the overnight ramp job, leaving futures only modestly higher.
PPI soared 6.5% YoY in October, the highest rate since 2022. MoM, PPI was in line with consensus. The print took some of the froth off the overnight ramp job, leaving futures only modestly higher.
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