BREAKING: September PPI inflation unexpectedly rises to 2.2%, above expectations of 1.6%.
— The Kobeissi Letter (@KobeissiLetter) October 11, 2023
Core PPI inflation rose to 2.7%, above expectations of 2.3%.
This is the first jump in Core PPI since April 2022.
PPI inflation is now up 3 consecutive months.
What does the Fed do now?
The MEDIA crunch is ON!!
https://www.dailymail.co.uk/media/article-15740281/disney-conde-layoffs-vogue-samantha-barry.html