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EUR/USD: Another Trump Card for the Dollar—What Does the PPI Report Say?
The PPI is one of the
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The PPI is one of the key indicators of inflation. Therefore, its confident growth is clearly viewed as a hawkish signal, especially in light of the accelerating core PCE and the "stagnation" of the CPI. A clear picture has emerged showing that inflation is rising in the US. According to the published data, the overall PPI accelerated to 0.7% month-on-month in February (the highest level since last July). This indicator has increased for the fourth consecutive month, with a
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