Could Friday’s PPI Turn December’s Fed Rate Decision More Hawkish?

October’s hotter-than-expected U.S. inflation report has shifted attention to Friday’s Producer Price Index release, with traders weighing whether wholesale prices could strengthen expectations of a larger Federal Reserve rate increase in December. The Consumer Price Index rose by 0.4% month over month, above the 0.3% forecast, while core CPI increased by 0.3%, compared with economists’ […] Read The Full Article Could Friday’s PPI Turn December…