PPI inflation (Aug) drops to 2.6% (vs 3.3% est).
Core PPI falls to 2.8% (vs 3.5% est).
Monthly change turned negative β only the 2nd time since Mar β24.
β
Very bullish: sparked optimism, buying, and gains.
CPI hits tomorrow β if it surprises lower too, markets could rally hard.
Post #8251
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