Article
2026 Rate-Hike Expectations Plummet After Cooler-Than-Expected PPI
2026 Rate-Hike Expectations Plummet After Cooler-Than-Expected PPI
Following yesterday's cooling (in-line) consumer price inflation data (driven in large part by energy deflation), US producer prices were expected to rebound modestly in July from a 0.3% MoM decline (headline) in June.
Instead, headline Producer Prices were unchanged MoM (cooler than expected), pushing the annual change down from +5.5% to +4.7% YoY...
Source: Bloomberg
Core PPI (Ex Food and Energy) also printed cooler than expected (+0.2% MoM vs +0.3% MoM), dragging Core PPI YoY down to +4.2%...
Final demand services: Prices for final demand services...
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Huckabee Tells Lebanese To Thank Israel For Seedless Watermelons, While Under IDF Bombs
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Via Middle East Eye
Mike Huckabee, the US ambassador to Israel and a passionate advocate of its wars in the region, has told the people of Lebanon to be grateful for Israeli contributions to its society.
Video of Huckabee speaking at the Atlas Awards in Tel Aviv on May 12 has only recently emerged and is being shared online after it was picked up by Chris Menahan of the news site Information Liberation.
via AFP
In the speech, Huckabee extolls the various purported Israeli contributions to...
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