The latest PPI report is flashing red: headline inflation for producers jumped to 3.3%, and Core PPI hit 3.7%. Some components feed into the Fed’s PCE gauge and stayed tame, but tariffs and rising costs are squeezing businesses. September’s rate cut is still on the table… for now.
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Russell McDonald | NMLS 290837 | Broker CA DRE 01150730
Wymac Capital Inc | NMLS 18766 | Broker CA DRE 01121628
Real Estate Broker – CA Dept of Real Estate