FOMC Recap
An important day
Today has been an important day as it relates to macro data and Fed policy.
PPI came in hot:
PPI: 3.4% YoY (Est. 3.0%)
PPI: 0.7% MoM (Est. 0.3%)
Core PPI: 3.9% YoY (Est. 3.7%)
Core PPI: 0.5% MoM (Est. 0.3%)
Today has been an important day as it relates to macro data and Fed policy.
PPI came in hot:
PPI: 3.4% YoY (Est. 3.0%)
PPI: 0.7% MoM (Est. 0.3%)
Core PPI: 3.9% YoY (Est. 3.7%)
Core PPI: 0.5% MoM (Est. 0.3%)