Latest Updates: Related to Inflation

Yields Slide as Producer Prices Retreat

01/18/2023

This morning, the December producer price index (PPI), like CPI last week, indicated further deceleration of price pressures. This suggests that Fed tightening is having the desired effect, and that fewer rate hikes may be required going forward.

Headline final demand PPI dropped -0.5%, last month, well below the -0.1% median forecast and matching the tamest producer price reading in 2½ years. Year-over-year producer inflation was rising at a +6.2% pace in December, down from a revised +7.2% in November. Just six months earlier, headline PPI was increasing at a troubling +11.3% pace.

Read the full article

Read more Economic Commentary

Learn More From HilltopSecurities

News to Chew Before the Fed Announcement

Consumer Inflation Moderates Before Next Week’s Fed Meeting

Thank you for visiting the HilltopSecurities website.
For best viewing experience, we recommend using Chrome, Firefox, Safari, or Microsoft Edge.