Inflation runs hot as producer price index surges
By: Billy Abrams | Published: 2026-02-27 14:42:17 | Source: www.nationalmortgagenews.com
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After treasuries opened this morning with sizable bullish gaps, the Bureau of Labor Statistics reported headline Producer Price Index to be 0.5 % and Core Producer Price Index to be 0.8 % while both were expected to show 0.3 %. Purchasing Power Parity has not been particularly important during the current inflation conversation and today’s report was 15 days overdue, and all that appears to be…
