#美7月PPI年率高于预期#
PPI exceeds expectations, does the Federal Reserve's rate cut script need to change?
The U.S. July PPI year-on-year rate was higher than expected, just like the temperature suddenly rising by two degrees in summer, causing the Federal Reserve's planned "rate cut ice cream" to melt halfway instantly. PPI is an inflation signal from the production side, and its higher-than-expected reading means that business costs are still rising. This heat will ultimately be transmitted to the CPI, further scorching consumers' wallets.
The market was originally fantasizing about an interest rat
View OriginalPPI exceeds expectations, does the Federal Reserve's rate cut script need to change?
The U.S. July PPI year-on-year rate was higher than expected, just like the temperature suddenly rising by two degrees in summer, causing the Federal Reserve's planned "rate cut ice cream" to melt halfway instantly. PPI is an inflation signal from the production side, and its higher-than-expected reading means that business costs are still rising. This heat will ultimately be transmitted to the CPI, further scorching consumers' wallets.
The market was originally fantasizing about an interest rat