Sticky US PPI Sour Risk Mood; Sterling Hit by UK Political Blow

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Stronger-than-expected US PPI data has unsettled financial markets, shifting sentiment toward a more defensive footing. The persistence of upstream inflation pressures reinforces the view that the Fed will remain cautious and resist calls for rapid rate cuts. Although US President Donald Trump and senior White House officials have continued to advocate for lower rates, the […]The post Sticky US PPI Sour Risk Mood; Sterling Hit by UK Political Blow appeared first on ActionForex.