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With the latest release of producer price index data (PPI) the data shown was much worse and likely indicate a persistent higher inflation into year 2022.
Right now with hyperinflation a likely case if prices can't be control, is there a possibility for Jerome Powell to increase interest rates by 25 basis points tomorrow?
Apparently there's a 5.5% chance of this happening, not a big possibility, but there's a chance....
$.DJI.US$ $SPY.US$ $QQQ.US$ $.SPX.US$ $.IXIC.US$ $UPRO.US$
Right now with hyperinflation a likely case if prices can't be control, is there a possibility for Jerome Powell to increase interest rates by 25 basis points tomorrow?
Apparently there's a 5.5% chance of this happening, not a big possibility, but there's a chance....
$.DJI.US$ $SPY.US$ $QQQ.US$ $.SPX.US$ $.IXIC.US$ $UPRO.US$
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