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Not so good economic news: PPI ticks up instead of down -
[BLSgov] The Producer Price Index for final demand increased 0.7 percent in January. Prices for final demand goods advanced 1.2 percent, and index for final demand services moved up 0.4 percent. Prices for final demand rose 6.0 percent for the 12 months ended January 2023. was supposed to be +0.4 still probably only a 25 basis point increase in the Fed Fund rate but chances for a 50 point increase are higher than they were Posted by: lord garth 2023-02-17 |
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