Fed Rate Hikes Dead? Producer Prices Fall by Largest Amount Since Pandemic
The Bureau of Labor Statistics said producer prices fell 0.4% in June, the biggest monthly drop since the pandemic-era disinflation.
7 Articles
7 Articles
Bond Traders Bail on Fed Hike Bets on Softer Inflation Path
The bullish tone in the US bond market following two benign inflation reports has traders of interest-rate options scrambling to exit positions bought in anticipation of at least one rate hike by the Federal Reserve this year.
(Seoul = Yonhap News) Reporter Jung Joo-ho = As the U.S. June Producer Price Index (PPI) also fell short of market expectations following the Consumer Price Index (CPI), the Federal Reserve (Fed...
The future gold contracts closed this Wednesday (15) in fall, despite the reduction in the bets of a high interest rate by the Federal Reserve (Fed) in the coming months. The asset was unable to capitalize in the fall of the Treasurys revenues and the dollar abroad after the benign reading of the producer price index (PPI) in the United States. In Comex, the metal division of the New York Mercantile Exchange (Nymex), the future gold contracts wi…
Fed Rate Hikes Dead? Producer Prices Fall by Largest Amount Since Pandemic
Inflation has dominated markets for the better part of four years, forcing investors to obsess over every government report for clues about the Federal Reserve’s next move. That obsession may finally be paying off. Just one day after consumer prices pointed to easing inflation pressures, a fresh report from the Bureau of Labor Statistics delivered ... Fed Rate Hikes Dead? Producer Prices Fall by Largest Amount Since Pandemic
Dollar Slips as Favorable PPI Reduces Fed Rate Hike Chances
The dollar index (DXY00 ) is down by -0.12% today. The dollar is under pressure today after US June producer prices rose less than expected, a dovish factor for Fed policy. Also, the benign CPI report has reduced the chances of a Fed rate hike at the FOMC meeting later...
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