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PPI came in below expectations, helping the Federal Reserve keep interest rates unchanged

2026-07-16 05:43:55

Mars Finance reports that, according to Jintou (Golden Ten), TruStage’s Chief Economist Steve Rick said in a report that US PPI data came in below market expectations, which is a positive development for the Federal Reserve. He noted that this suggests inflation may be gradually approaching the Fed’s target, further reinforcing market expectations that policymakers can keep interest rates unchanged without needing to consider additional rate hikes. Although the fight against inflation is not over, softer price data indicates that the Fed has taken another step forward in achieving a better balance between maintaining price stability and sustaining a healthy labor market.

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