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Brief: PPI Just Screamed What CPI Whispered
Published 1 month, 1 week ago
Description
Producer prices surged 1.4% in April, the largest monthly jump since March 2022, as energy costs ripped through the supply chain. The Senate confirmed Kevin Warsh as Fed chair 54-45, the closest vote in modern era, hours before the 30-year Treasury yield crossed 5%. Trump and Xi opened their two-day