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Live Updates  >  Live Update Details

2026-07-16 13:22:13

[TruStage: Lower-than-expected PPI is good news for the Fed, further weakening expectations of interest rate hikes] (1) TruStage chief economist Steve Rick said the lower-than-expected PPI report is a welcome development for the Fed, indicating that inflation is gradually approaching its target level. (2) This data may solidify policymakers' expectations of keeping current interest rates unchanged rather than raising them further. (3) Although the fight against inflation is not over, weaker price data helps to achieve a better balance between price stability and a healthy labor market.

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