Odaily Planet Daily News: Nick Timiraos, a reporter for the Wall Street Journal known as the "Federal Reserve's mouthpiece," said on the X platform that Powell commented on the Producer Price Index (PPI) in April: "I would not call it overheated, but would call it mixed." (PPI's main interpretation of PCE may be offset because lower airfares and health care costs may offset the hotter financial services sub-items.)