Tariff Town! Producer Prices Plunged Most Since COVID In March (US Dollar Decelerates!)

#bubble, #inflation, CMBS, Credit, Currency, Economy, Fed, Freddie Mac, Gold, Inflation, Powell, Silver, SPX, Stocks, Trade, Treasuries, Treasury, Yellen, Yield Curve 1 Minute

Washington DC is now Tariff Town.

Headline PPI fell (yes fell) 0.4% MoM (dramatically cooler than the 0.2% MoM rise expected), dragging the headline index down to +2.7% YoY.

The market is re-assessing the structural attractiveness of the dollar as the world’s global reserve currency and is undergoing a process of rapid de-dollarization.

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Published by confoundedinterest17

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