PPI came in lower than expected. Futures up big.
“We not only have a better than expected CPI number, we now have a better than expected PPI or wholesale number which means the Fed can start counting," says @steveliesman. "The question now becomes will retailers pass along the lower prices. This is a start, not the end."
“We not only have a better than expected CPI number, we now have a better than expected PPI or wholesale number which means the Fed can start counting," says @steveliesman. "The question now becomes will retailers pass along the lower prices. This is a start, not the end."
