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Rate-Hike Odds Spike As Fuel Costs Push US Producer Prices Higher
Rate-Hike Odds Spike As Fuel Costs Push US Producer Prices Higher
In a relatively unusual turn around, US producer prices hit today ahead of tomorrow's CPI. Interestingly Consumer prices get all the headlines, it is PPI that offers the most read-throughs for Core PCE - The (old) Fed's favorite inflation gauge).
Headline producer pries were expected to rebound significantly from July's flatline as oil prices rebounded on re-escalations in the MidEast, and they printed right in line, up 04.% MoM in August (with July's revised up to +0.1% MoM. That lifted...
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Watch: Fireworks At UN As Cuba Disrupts US Ambassador's Speech: "You're A Liar, Mr Waltz!"
Watch: Fireworks At UN As Cuba Disrupts US Ambassador's Speech: "You're A Liar, Mr Waltz!"
A UN General Assembly this week devolved into a high-charged shouting match amid procedural disruptions and chaos, after US Ambassador to the UN Mike Waltz told the global forum on Tuesday that there is no American blockade on Cuba.
Havana didn't take the bait quietly, given Cuba's Foreign Minister Bruno RodrÃguez immediately shot back at Waltz - who is a former Army Green Beret: "This is the United Nations General Assembly, not a Green Beret camp. You're...
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May 16, 2026 / Tyler Durden
Tehran Claims US Faces Escalating Economic Fallout From 'War Of Choice' As Hardship Mounts Inside Iran
Tehran Claims US Faces Escalating Economic Fallout From 'War Of Choice' As Hardship Mounts Inside Iran
Iranian Foreign Minister Abbas Araghchi warned Saturday that the United States would face mounting economic fallout from its "war of choice" against Iran, as both sides appear settled into a long game of waiting to inflict the most severe economic and political damage on the other.
In a post on X, Araghchi said Americans would bear the escalating financial costs of the conflict with Tehran. "Put aside gas price hike and stock market bubble. Real...
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