US October PPI annual rate 6.5%, below expectations

BlockBeats news, November 13: US October PPI annual rate 6.5%, the highest level since November 2022, below market expectations of 6.6%.

October PPI monthly rate recorded 0.3%, below market expectations of 0.4%.

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U.S. pre-market news at a glance: U.S. October PPI annual rate 6.5% below expectations, some Nvidia employees call for Jensen Huang to return as CEO.

US October PPI annual rate 6.5%, below expectations

US Treasury Secretary Bessent: Overly aggressive rate hikes would be inappropriate as the energy supply shock is about to fade.

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