Pantheon Macroeconomics - Having panicked at the January hourly earnings numbers, markets now seem to have decided that higher inflation might not be such a bad thing after all, and stocks rallied after both Wednesday's core CPI overshoot and yesterday's repeat performance in the PPI.

U.S. Documents | 16 February 2018 Healthcare Costs Drove up January's Core PPI
Having panicked at the January hourly earnings numbers, markets now seem to have decided that higher inflation might not be such a bad thing after all, and stocks rallied after both Wednesday's core CPI overshoot and yesterday's repeat performance in the PPI.

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16 February 2018 Healthcare Costs Drove up January's Core PPI

By Ian Shepherdson

Having panicked at the January hourly earnings numbers, markets now seem to have decided that higher inflation might not be such a bad thing after all, and stocks rallied after both Wednesday's core CPI overshoot and yesterday's repeat performance in the PPI.

Posted: 15th Feb 2018 in 'U.S. Documents'

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