U.S. January PPI Year-over-Year Surprisingly Rebounds Sharply, Month-over-Month Rebounds Exceed Expectations
BlockBeats News, February 13, the U.S. January PPI YoY recorded 3.5%, the largest increase since February 2023. U.S. January PPI MoM recorded 0.4%, with market expectations at 0.3%. (FXStreet)
Diesel surges 24.1% in a single month, igniting U.S. PPI, Fed's September rate hike probability rises to 70%, and 30-year U.S. Treasury yield hits highest since 2007.