US PPI comes in below expectations at 4.7%
US Producer Price Index came in at 4.7% versus 4.9% expected, with producer prices flat month-over-month, suggesting price pressures may be cooling. The data point was described as a small but favorable inflation surprise.
Detected & updated continuously · Source: Nebula
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@SBlockspy
PPI came in at 4.7% vs 4.9% expected 📉 A small but favorable inflation surprise Producer prices were flat month-over-month, suggesting price pressures may be cooling Good news for markets, but 1 data point doesnt change the whole Fed story #Crypto #Bitcoin #Macro
@ttvresearch
PPI IS ON ITS WAY! Here's a reminder of the many economic events and earnings releases on the docket today. @tradertvlive $SPY $QQQ $JD $BLSH $LUNR $ONDS $AMAT $NU $SNDK