The U.S. core PPI in August was 2.4% year-on-year, expected to be 2.4%, and the previous value was 2.4%.

[U.S. initial jobless claims for the week ending September 7]

Previous value 22.8 Expected 23 Announced 23

[U.S. PPI annual rate in August]

Previous value 2.20% Expected 1.8% Announced 1.7%

After the release of the U.S. PPI data, interest rate swaps remained stable, and the Federal Reserve is expected to cut interest rates by a total of 100 basis points this year.

Inflation is decreasing and economic growth is slowing down.

My pie is also untied 😂