Producer Price Index Rose 0.7% MoM in March
Producer price index rose 0.7% MoM in March. The consensus was at 0.4%; prior reading was at -0.6%. Chart 1. Producer Price Index
Posts Tagged ‘Producer Price Index’
Premature Exit
I was on the road yesterday, so the usual service suffered… The most important piece of news yesterday was FED’s decision to increase the discount rate by 0.25%, to 0.75%. The measure has a marginal real impact on the banking sector, but it could have large psychological impact. The political and media orchestrated “recovery” pressures […]