Quick Analysis of U.S. September PPI Data

Wallstreetcn
2024.10.11 12:42

The main constraint on the US September PPI data was the decline in gasoline prices, indicating that inflation is further moderating. Previous CPI data showed that inflation in September was slightly higher than expected, mainly due to the increase in housing, food, and clothing costs. Federal Reserve officials will take into account these two reports to formulate the path for interest rate cuts