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Hot Producer Price Inflation Adds to Fed’s Complex and Worsening Inflation Problem
Summary by Wolf Street
6 Articles
6 Articles
GBP/USD slips as hot US PPI fuels Fed hawkish repricing
The post GBP/USD slips as hot US PPI fuels Fed hawkish repricing appeared on BitcoinEthereumNews.com. GBP/USD falls 0.21% on Wednesday following the release of a hot US inflation report, prompting investors to cut their dovish bets on the Federal Reserve. At the time of writing, the pair trades at around 1.3320. Stronger inflation data and Middle East tensions boost the Dollar, weighing on Sterling An escalation of the Middle East conflict soure…
Coverage Details
Total News Sources6
Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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