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White hot PPI in May: 1.1% MoM and 6.5% YoY
Investor summaryBearish
May PPI comes in hot at 1.1% MoM and 6.5% YoY, signaling persistent inflation.
Bear points
- High PPI indicates persistent inflationary pressures.
- May lead to higher-for-longer interest rates or further Fed tightening.
降息与宏观
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