slot777online| Powell calls PPI data "mixed", traders gain confidence

15 05
Author:editor|Category:Health

Gelonghui May 14| Federal Reserve Chairman Powell has just confirmed the market's interpretation of the stronger-than-expected PPI reportslot777online, calling it "mixed good and bad". That may give traders more confidence that tomorrow's inflation data will not rise unexpectedly. He just said in the Q & A session of the event: "slot777onlineI wouldn't say PPI data is hot, I would say it's a bit complicated." Stocks are at intraday highs, and U.S. bond yields generally fell despite earlier strong PPI data. Basic models suggest tomorrow's CPI data will be in line with expectations, which may explain traders 'reaction, and Powell seems to agree. Even so, Simon White, another blogger, warned that anything unexpected could happen in the market.

slot777online| Powell calls PPI data "mixed", traders gain confidence

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