⚠️ Be very careful about taking today's data as positive ‼️👀
PPI inflation has come in SLIGHTLY below expectations, HOWEVER, core inflation has come in at 2.4% year-on-year, WELL BELOW the expected figure of 2.7%
This is a possible ADDITIONAL sign that the US economy 🇺🇸 is starting to go downhill without brakes, and the Federal Reserve has NOT yet taken the necessary measures to prevent it 🚨
PPI inflation has come in SLIGHTLY below expectations, HOWEVER, core inflation has come in at 2.4% year-on-year, WELL BELOW the expected figure of 2.7%
This is a possible ADDITIONAL sign that the US economy 🇺🇸 is starting to go downhill without brakes, and the Federal Reserve has NOT yet taken the necessary measures to prevent it 🚨
4 months ago
