TechFlow News, March 18: According to JINSHI Data, Greg Michalowski, an analyst at financial website Investinglive, stated that the U.S. Producer Price Index (PPI) for February rose more than expected—overall PPI increased 0.7% month-on-month, exceeding the forecast of 0.3%; the year-on-year growth accelerated to 3.4% (forecast: 2.9%). Core PPI followed a similar trend, rising 0.5% month-on-month (forecast: 0.3%) and 3.9% year-on-year—well above expectations. This indicates that underlying price pressures are not easing as rapidly as anticipated. Stronger-than-expected inflation data bolstered the U.S. dollar; meanwhile, U.S. Treasury yields edged higher as markets reassessed the timing and magnitude of potential Federal Reserve rate cuts. Concurrently, equities dipped slightly, reflecting market concerns that persistent inflation could prolong monetary tightening.
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