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posted this in /biz, gonna post it hear too, picrel.
>6 times has core PPI been revised up in a row.
>last time and the previous by 0,2%
>Jan PCE was especially "funny" cause suddenly (I don't think I've seen them doing this prior to that release) all the finance guys were already frontrunning PCE by calculating it through CPI and PPI results
>Jan PCE got revised up because Jan PPI got revised up (CPI was unchanged)
>Feb PPI got revised up (as mentioned) thursday
>Feb PCE = ?????? (after FOMC but Powell likely knows)
Anyways, high PPI means either it leads to higher CPI or to less profit.
