The latest U.S. economic figures show a neutral landscape, with minimal changes in jobless claims and slight shifts in producer prices. Jobless claims hit 230K, closely aligning with expectations of 227K, signaling stability in the labor market.

Producer price inflation displayed some slight cooling. The year-on-year growth for the U.S. Producer Price Index (PPI) in August reached 1.7%, marginally below the anticipated 1.8% and notably down from the previous 2.2%. Core PPI also held steady at 2.4%, aligning with previous levels but slightly missing the 2.5% estimate.

Month-on-month, the August PPI rose 0.2%, slightly exceeding the expected 0.1%, while core PPI grew 0.3%, surpassing the estimate of 0.2%.

While these figures may not provoke major shifts in Federal Reserve policies, they hint at a steady but cautious approach which means: 25bps cut.