PPI data is another confirmation that inflation remains on the right track| FXMAG.COM

At the same time, Retail Sales without a doubt increased the estimates that GDP is likely to be weaker, leading major institutions to cut the US GDP estimates.

Retail Sales and PPI - what could they mean for Fed before the rate decision?

Nour Hammoury (SquaredFinancial): PPI data is another confirmation that inflation remains on the right track. Despite all the fears last month that inflation might have started a new wave to the upside, PPI confirmed the opposite as it declined to the lowest level since 2021. At the same time, Retail Sales without a doubt increased the estimates that GDP is likely to be weaker, leading major institutions to cut the US GDP estimates.

At the same time, Retail Sales without a doubt increased the estimates that GDP is likely to be weaker, leading major institutions to cut the US GDP estimates.

Nour Hammoury (SquaredFinancial): This is also another confirmation that growth for Q1 is nowhere near 2%, which is another factor why the Fed might need to pause in the coming meetings.

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Joseph Jeffriess, Market Analyst in Eightcap
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PPI data is another confirmation that inflation remains on the right track

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At the same time, Retail Sales without a doubt increased the estimates that GDP is likely to be weaker, leading major institutions to cut the US GDP estimates.

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