53 sats \ 3 replies \ @Coinsreporter 13 Jun \ on: US producer prices fall in May compared to previous month econ
So, does this data make sense for a rate cut?
I actually foresee a series of relaxing datasets by the various agencies just to create some easy atmosphere for Biden and co. Elections time! Practically, the data is nowhere close to reality ..
write
preview
32 sats \ 2 replies \ @TomK OP 13 Jun
Of course not. But the PPI can't be manipulated that easy by our commies like the cpi
reply
11 sats \ 0 replies \ @Undisciplined 13 Jun
Close enough for government work.
https://m.stacker.news/35168
reply
53 sats \ 0 replies \ @Coinsreporter 13 Jun
Yes, I agree PPI isn't as easy to be manipulated. I also wish it to be true for the sake of stability and in anticipation of better market conditions. But let's see if this data makes sense on real grounds!
reply