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Kudlow · July 15 · 46 min

Has Goldilocks returned?

Once again Wall Street was surprised by a deflationary wholesale price report where the level of the so-called producer price index actually dropped by three-tenths of a percent. And it’s worth noting that after rising 1.1% in April, the PPI eased to 0.6% in May. And then the outright decline of three-tenths in June. This follows yesterday’s deflationary CPI report. Both are a welcome relief from the inflationary reports of recent months. With NEC Dir Kevin Hassett, Laura Ingraham, WH Official Peter Navarro, Ben Ferguson, Ben Domench, and Sen Tim Sheehy Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Once again Wall Street was surprised by a deflationary wholesale price report where the level of the so-called producer price index actually dropped by three-tenths of a percent. And it’s worth noting that after rising 1.1% in April, the PPI eased to 0.6% in May. And then the outright decline of three-tenths in June. This follows yesterday’s deflationary CPI report. Both are a welcome relief from the inflationary reports of recent months.


With NEC Dir Kevin Hassett, Laura Ingraham, WH Official Peter Navarro, Ben Ferguson, Ben Domench, and Sen Tim Sheehy


Learn more about your ad choices. Visit podcastchoices.com/adchoices

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