Ppi & Fomc

Prices paid to U.S. producers fell more than forecast in August, diminishing concern over inflation as the Federal Reserve considers lowering interest rates.

Gotta love how these guys make everything fall into the right place.

 

but before food and energy, it is 0.2 m/m vs 0.1 consensus.

 

The core was up, headline numer was cool.

 

Core intermediate PPI +1.6% yoy. Slowest since Sept '03.

 

and all this time I was worried about inflation. ROFLMAO hajahshs

 

Exactly.