PPI

The Federal Reserve’s stance during its June meeting and Chair Jerome Powell‘s remarks about needing “more confidence” might have shifted if policymakers had also seen the largest drop in producer inflation in eight months. In May, the Producer Price Index (PPI) decreased by...

Inflation felt by U.S. producers rose less than expected on an annual basis in May, bolstering market optimism for a sustained decrease in price pressures throughout the economy, following a lower-than-anticipated consumer inflation report released on Wednesday. Simultaneously, the Labor Department...

DKI stock pick, AuthID, announces 1Q revenue almost as high as all of 2023. Guidance indicates they expect quarterly revenue to double this year. They still need to announce new contracts, but the year is off to an excellent start. Lyn Alden @LynAldenContact makes a brilliant point explaining...

Inflation affecting American producers showed a broader uptick in April, with the headline month-over-month figure far exceeding estimates Tuesday, one day before the critical consumer inflation report is released. The Producer Price Index (PPI) shows an increase of 0.5% in April compared to March...

This week, traders are gearing up for significant market volatility centered around two major inflation reports: the Producer Price Index (PPI) on Tuesday and the Consumer Price Index (CPI) on Wednesday. These reports are crucial indicators of inflationary trends in the U.S. economy and could...

Investors can breathe a sigh of relief on Thursday as last month’s Producer Price Index (PPI) inflation turned out slightly lower than expected, albeit with some caveats across different measures within the basket. Stocks rebounded by noon trading in New York, yet the surge fell short of...

American producers experienced a surge in price pressures last month, yet the increase was slightly below economist expectations, calming market concerns that spiked after a higher-than-anticipated consumer price inflation report on Wednesday. The Producer Price Index (PPI) climbed from 1.6% in...

To gain an edge, this is what you need to know today. Buying In The Stock Market Please click here for an enlarged version of the chart of SPDR S&P 500 ETF Trust (ARCA:SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows that the...

Inflation affecting American producers shows mixed readings in March, with the headline figure falling short of estimates Thursday while the underlying gauge exceeded them, maintaining market uncertainties about potential delays in interest rate cuts. The Producer Price Index (PPI) experienced a...

This wasn’t a good week for the “pivot” people and asset gatherers who have been begging the Federal Reserve for lower rates. We got a higher-than-expected CPI and PPI. Making things worse, the short-term monthly numbers have started to accelerate meaning the disinflation story...

If there’s something that’s likely to keep the markets on edge in the upcoming days, it’s undoubtedly the eagerly anticipated Federal Open Market Committee (FOMC) meeting scheduled for March 19-20, 2024. While the decision regarding interest rates seems all but set, with the Fed...

Bitcoin (CRYPTO: BTC) experienced a downturn, dropping to as low as $66,952 early Friday morning. The decline comes after the latest U.S. economic data, raising concerns about persistent inflation. What Happened: The price of Bitcoin, as recorded by CoinMarketCap, fell swiftly from...

Editor’s note: This story has been corrected to reflect that Fisker is reportedly considering bankruptcy, but has not filed for bankruptcy. Traders received a cold shower on Thursday as hopes for a rate cut were dashed, with February’s Producer Price Index (PPI) inflation figure...

Editor’s Note: This article has been updated to include new information on price changes for specific items such as diesel fuel and chicken eggs, alongside hay and hayseeds prices. Producer prices in the United States rose more than expected in February, echoing a similar trend observed the...

The Opposite Day Issue This week, economic data decided to pull a George Costanza and do the opposite of everything it has been doing. DKI has highlighted the trend of inconsistent data in recent months, and this week, many of those inconsistent trends reversed. Confusing? Don’t worry, we...