12 min listen
Promising PPI Number: Could It Last More Than A Month?
FromSchwab Network
ratings:
Length:
9 minutes
Released:
Nov 15, 2022
Format:
Podcast episode
Description
The Producer Price Index or PPI number was what bullish investors wanted to see. "This is a follow through from the Consumer Price Index or CPI from last week. This shows that sentiment is flowing through the entire economy. I am still cautious as this is only one month of positive data. The U.S. Dollar price might have gotten ahead of itself over the last month. Weakness has to do with other global currencies catching up," says Scott Bauer.
Released:
Nov 15, 2022
Format:
Podcast episode
Titles in the series (100)
The Fed's New Targeted Inflation Policy by Schwab Network