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The Kobeissi Letter

@KobeissiLetter

Official X account for The Kobeissi Letter, an industry leading commentary on the global capital markets. Email us: [email protected]

calendar_today10-06-2015 00:34:15

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The Kobeissi Letter
@KobeissiLetter

2 weeks ago

BREAKING: April PPI inflation RISES to 2.2%, in-line with expectations of 2.2%.

Core PPI inflation was 2.4%, in-line with expectations of 2.4%.

PPI inflation is now up for 3 straight months for the first time since April 2022.

Yet another sign the Fed can't cut rates.

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