Investinglive, a financial website, commented on the PPI data: Powell previously mentioned that he expected the core PCE year-on-year increase in December to be around 3.0%. Therefore, this PPI report (both month-on-month and year-on-year increases of 3% exceeded expectations) is unlikely to trigger significant market volatility, as we are still waiting for next week's data release, with the non-farm payrolls report being the main focus.
