PPI was lower than expected. Bond yields are pulling back a bit as these data feed into PCE
• PPI 3.3% YoY, (Est. 3.5%)
• PPI 0.2% MoM, (Est. 0.4%)
• PPI Core 3.5% YoY, (Est. 3.8%)
• PPI Core 0.0% MoM, (Est. 0.3%)
Just In: December US PPI annual inflation rises 3.3%, below expectations for 3.5%
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Bitcoin once broke through the $90,000 support level
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