RSS December PPI Eases Fears of Hawkish Fed

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 RSS December PPI Eases Fears of Hawkish Fed

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US producer prices rose at a slower-than-expected pace in December, easing fears of tighter monetary policy. The PPI rose 0.2% in December, down from 0.4% in the previous month. And while price growth accelerated to 3.3% from 3.0% a year earlier, this was below the average forecast of 3.5%. Core PPI, which excludes volatile food […]

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