September wholesale inflation hit 0.7% against 0.3% expected, putting the market on rate-watch duty.
Catalyst. USA Core PPI (MoM) For September 0.7% Vs 0.3% Est.
US core PPI rose 0.7% month over month in September versus a 0.3% estimate, an upside inflation surprise with direct implications for broad-market rate expectations. Source: Benzinga.
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