Wall Street Futures Move Higher After June PPI Data
8 Articles
8 Articles
Wall Street futures move higher after June PPI data
July 16 (Reuters) - U.S. stock index futures moved higher on Wednesday after cooler-than-expected producer prices data for June reinforced expectations that the Federal Reserve could cut interest rates later this year.
PPI Data Shocks Wall Street, Inflation Lowest Since 2024 - Bitcoinsensus
June’s PPI and Core PPI both came in flat, beating forecasts and signaling cooling inflation. Combined with CPI data, the reports suggest the U.S. economy is resisting inflationary pressure, despite tariff risks. Trump renewed calls for a 300bps rate cut, but markets expect the Fed to hold in July and possibly ease by September or October. Today’s Producer Price Index (PPI) report regarding the month of June has beaten every analyst’s expectatio…
Which Way Wednesday - GS, JNJ Knock it Out of the Park While We Wait for PPI, IP and Beige Book
“And when the morning light comes streaming in I’ll get up and do it again Amen” – Jackson Browne I does feel like we’re doing it over and over again. I could never be a singer as I hate to repeat myself – it would be torture for me to sing the same song, over […] Source
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