Post by
clubhouse19 on Nov 15, 2022 10:44am
PPI less than expected
This is the major news of the week which caused the markets to bump up today.
This was something to look for after the last CPI less than expected numbers showing some congruence. BBD moved along also in congruence.
Does this mean Inflation has peaked...remains to be seen
Comment by
flamingogold on Nov 15, 2022 12:17pm
Inflation may have peaked but rates have not. Feds will need to pull the lever on a few more hikes at least to get to their target 2%. But, next year won't be as fast and furious as this year.