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Stocks also found support Friday from better-than-expected Q1 quarterly earnings results from US banks and easing price pressures after the March US PPI report rose less than expected.
U.S. consumer sentiment deteriorated sharply in April and 12-month inflation expectations surged to the highest level since ...
Core PPI decreased by -0.1%, while analysts expected that it would grow by +0.3%. Today, traders also had a chance to take a look at Michigan Consumer Sentiment report for April. The report showed ...
Market reaction was muted, with short-term yields slightly falling; the overall report highlights mixed inflation signals for the Fed's May meeting. The headline PPI recorded a decline of -0.4% ...
“The March PPI report says next to nothing about the inflation outlook, which depends overwhelmingly on tariffs,” said Bill Adams, chief economist at Comerica Bank. “Inflation will ...
“But like yesterday’s CPI report, today’s PPI data offer little comfort in the face of significant uncertainty, major trade policy changes and financial market turmoil.” Economists have ...
The second shoe on March price-inflation levels fell this morning with a new Producer Price Index (PPI) report showing wholesale prices somewhat mirroring yesterday’s retail Consumer Price Index ...
While egg prices dropped significantly, the downward trend in the March PPI report was primarily tied to an 11.1% drop in gasoline prices, which accounted for nearly two-thirds of March’s ...
The second shoe on March price-inflation levels fell this morning with a new Producer Price Index (PPI) report showing wholesale prices somewhat mirroring yesterday’s retail Consumer Price Index ...
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