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Hotter-Than-Expected PPI Doesn't Deter Bulls: Yields Fall As Economists Spot Inconsistencies
Wednesday, October 11, 2023 - 10:53am | 502The Producer Price Index (PPI) has once again defied expectations by surging upwards. The trajectory signals a resurgence in price pressures and further fuels the ongoing battle against inflation through interest rate hikes. Surprisingly, initial market reactions suggest that investors are not...