BREAKING: February PPI inflation RISES to 1.6%, above expectations of 1.1%.

Core PPI inflation was 2.0%, above expectations of 1.9%.

Both CPI and PPI inflation are now officially back on the rise.

Disinflation seems to be slowing.

Can the Fed really pivot here?

— The Kobeissi Letter (@KobeissiLetter) March 14, 2024