- June PPI inflation falls to 2.3%, below expectations of 2.5%.
- Core PPI inflation fell to 2.6%, also below expectations of 2.7%.
- On a MoM basis, there was 0.0% inflation for June, below expectations of 0.2%.
- Producer inflation is cooling down again.
Now what?
- Powell must resign.
- There's 0% inflation in USA!
- Tarrifs are not harming the economy.
- Printer should go brrrrrr....
That’s still above the official target