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TruStage Chief Economist Steve Rick stated in the report that the lower-than-expected US PPI data is a positive development for the Federal Reserve. "This indicates that inflation may be gradually approaching the Fed's target and could further strengthen market expectations that policymakers can keep interest rates unchanged without considering further hikes." He pointed out that although the fight against inflation is not over yet, the softer price data means the Fed has taken another step tow

TruStage Chief Economist Steve Rick stated in the report that the lower-than-expected US PPI data is a positive development for the Federal Reserve. "This indicates that inflation may be gradually approaching the Fed's target and could further strengthen market expectations that policymakers can keep interest rates unchanged without considering further hikes." He pointed out that although the fight against inflation is not over yet, the softer price data means the Fed has taken another step tow

智通财经智通财经2026/07/16 16:46
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TruStage Chief Economist Steve Rick stated in the report that the US PPI data coming in below market expectations is a positive development for the Federal Reserve. "This indicates that inflation may be gradually approaching the Fed's target and could further strengthen market expectations that policymakers can keep interest rates unchanged without considering further rate hikes." He pointed out that although the fight against inflation is not yet over, softer price data means the Federal Reserve has taken another step towards achieving a better balance between price stability and maintaining a healthy labor market.

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