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US PPI Number Affected By Higher Energy Prices
From youtube.com/schwabnetwork
The Producer Price Index or PPI data was released today. How do energy prices factor in, and how is the stock market reacting? Bob Iaccino weighs in on the global 2% inflation target. Are higher interest rates working for the Federal Reserve? Michelle Bowman commentary versus the PPI numbers could be confusing for markets. Iaccino discusses the recent increase in the gold price.