English
Back
Download
Log in to access Online Inquiry
Back to the Top
Can the Santa Claus rally happen after the Fed's hawkish cut?
Views 1.3M Contents 203

Slightly hotter PPI

One day after we got an inflation data (CPI) that came in line with expectation, the market received a hotter-than-expected producer price index (PPI) reading for November.

This is probably why the market is retreating a little bit.

That said, I believe the Fed will still proceed with its expected 25 basis point rate cut next week because other inflation data over the past few months are showing that it is trending downwards.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
4
2
1
1
+0
Translate
Report
134K Views
Comment
Sign in to post a comment
    Successful investing is about managing risk, not avoiding it. DYODD Support my YouTube channel: Jay el
    6806
    Followers
    47
    Following
    30K
    Visitors
    Follow