Will the Inflation Reports Be Enough for the Fed?
August 11, 2022 at 17:04 PM EDT
Markets continued their bounce from Wednesday’s July consumer price index report that inflation rose just 8.5% year-over-year, coming in under analyst expectations of 8.7%, with the follow-up producer price index report on Thursday for July dropping 0.5% month-over-month. It’s the first time PPI has dropped in over two years and has investors hopeful that inflation [...] The post Will the Inflation Reports Be Enough for the Fed? appeared first on ETF Trends .
