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    PPI Report Suggests A Plateau Of Inflation & Global Oil Demand

    PPI Report Suggests A Plateau Of Inflation & Global Oil Demand

    FromSchwab Network

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    PPI Report Suggests A Plateau Of Inflation & Global Oil Demand

    FromSchwab Network

    ratings:
    Length:
    11 minutes
    Released:
    Sep 14, 2022
    Format:
    Podcast episode

    Description

    The Producer Price Index or PPI was released today and revealed a higher than expected Core PPI month-over-month and year-over-year. "PPI makes sense with other economic data. Energy prices in the form of crude oil and gasoline came down. There is also some easing in the agricultural sector. This PPI number will not impact the Federal Reserve. There is a high probability already that there will be a 75 BPS interest rate hike in November," says Bob Iaccino. IEA trimmed the global oil demand forecast.
    Released:
    Sep 14, 2022
    Format:
    Podcast episode

    Titles in the series (100)

    A unique lineup of financial news and education programs, all available to stream without a subscription. Listen to industry experts track market action and interpret how it may apply to your investment portfolio. Get real-time insights, commentary, and exclusive access to CEOs, analysts, and market experts. Empowering Every Investor and Trader. Every Market Day. Produced by TD Ameritrade Media Productions Company, a wholly-owned subsidiary of TD Ameritrade Holding Corporation. TD Ameritrade Holding Corporation is a wholly owned subsidiary of The Charles Schwab Corporation. TD Ameritrade Media Productions Company is not a financial adviser, registered investment advisor, or broker-dealer. THE TD AMERITRADE NETWORK SITE, CONTENT, APPS, AND RELATED SERVICES, ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS, WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business or where such offer or solicitation would be contrary to the local laws and regulations of that jurisdiction, including, but not limited to persons residing in Australia, Canada, Japan, Saudi Arabia, UK, and the countries of the European Union. All TD Ameritrade Network content © TD Ameritrade Network. All rights reserved.