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Today’s PPI showed that producer prices unexpectedly fell in December due to a moderation in energy prices during that period. But, it is the CPI that is the most relevant measure of inflation, and thus is more important to the Fed when setting interest rates. Higher than expected inflation reduces the likelihood of a substantial rate cut at the end of the month. The CPI will be released tomorrow at 8:30 ET.

Economic Market Movers This Week
Monday
Jan 14
Tuesday
Jan 15
Wednesday
Jan 16
Thursday
Jan 17
Friday
Jan 18
 
 
 
Producer Price Index (PPI)
8:30 ET
Retail Sales
8:30 ET
Consumer Price Index (CPI)
8:30 ET
Industrial Production
9:15 ET
Housing Starts
8:30 ET
Jobless Claims
8:30 ET
 
 

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