PPI ICE COLD: Final demand fell 0.1% in August after July’s 0.7% gain, up 2.6% over the past 12 months. .50 Fed rate cut imminent?

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The Fed would be foolish to hike 0.5, it would signal they’ve been wrong all along. A 0.25 hike now and another 0.25 next month is the smarter approach.

https://twitter.com/NorthmanTrader/status/1965755182916219344

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