Nothing like a little Thin Lizzy along with a nice PPI to fuel the bulls!
While the PPI isn't the number the Fed is watching, it is just another indication that there really isn't much year over year inflation out there. Notice the 1.6% core inflation at the wholesale level year over year.
CPI tomorrow!
While the PPI isn't the number the Fed is watching, it is just another indication that there really isn't much year over year inflation out there. Notice the 1.6% core inflation at the wholesale level year over year.
CPI tomorrow!
clipped from www.marketwatch.com
core inflation at the wholesale level is up a moderate 1.6% in the past 12 months.
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