"Federal Reserve mouthpiece": Powell believes that the April PPI exceeded expectations and is "mixed".

BlockBeats news, on May 14, Nick Timiraos, a reporter for the Wall Street Journal known as the "Federal Reserve mouthpiece," said on social media that Powell said of the Producer Price Index (PPI) in April: "I wouldn't call it overheating. I'd call it mixed." (PPI's main interpretation of PCE may be offset because lower airfares and healthcare costs may offset the hotter financial services sub-items.)

Previously, the United States announced that its PPI monthly rate in April was 0.5%, while expectations were only 0.3% and the previous value was 0.2%. This caused a certain decline in major mainstream assets in a short period of time, the US dollar index rose, and traders also reduced their bets on the Federal Reserve's September rate cut.