USD Weakened After PPI Surprise, Trump’s Rate Cut Demands Added Pressure
The U.S. Producer Price Index unexpectedly fell 0.1% m/m in August, bringing annual wholesale inflation to 2.6% – well below economist expectations. The core PPI, which excludes volatile food and energy prices, also declined 0.1% monthly and rose 2.8% y/y, missing forecasts. The surprisingly soft inflation data confirmed that businesses are absorbing tariff costs rather than passing them through…









