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"Hot" Inflation Aberration Will Justify "Higher For Longer"

What deeply disappointed was “Core” CPI rose +0.4%, highest since May. This measure of inflation remained at 3.9% over the last 12 months, the same as it was in December. ....

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Asia open: All eyes on PPI

Asian stocks are on track for their fourth consecutive weekly gain, potentially marking the longest winning streak in over a year unless they experience an unlikely decline of more than 1% on Friday. ....

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Can A Stronger Than Expected Economic Report Dampen Slow The Market?

Today s PPI report was stronger than expected. But whether or not the market cares more about that or stocks like SuperMicro Computer remains to be seen. ....

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It's a Scorcher: Producer Price Inflation Rips Higher

Inflation came roaring back in January, putting Fed cuts in doubt. | Economy ....

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Fed's Daly says patience is needed to finish the job on inflation

Three rate cuts in 2024 is a ‘reasonable baseline,’ San Francisco Fed President Mary Daly said Friday. ....

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