First published by Money Metals Exchange here: https://www.moneymetals.com/news/2024/02/19/another-inflation-signal-producer-prices-unexpectedly-spike-002999
<p><img src='https://www.moneymetals.com/uploads/content/dollar-up-arrow-min.jpg'/></p>Producer prices rose more than expected in January delivering another gut-punch for markets desperate for the Fed to decrease interest rates.
<p><img src='https://www.moneymetals.com/uploads/content/dollar-up-arrow-min.jpg'/></p>Producer prices rose more than expected in January delivering another gut-punch for markets desperate for the Fed to decrease interest rates.