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15.08.2025 11:39 AM
The US dollar rose sharply against a number of risk assets, but has since almost given back all of its gains. The rally came after news that the US Producer Price Index (PPI) in July rose much more strongly than economists had expected. This suggests that companies are passing on higher import costs related to tariffs.According to the report released Thursday by the Bureau of Labor Statistics, the PPI rose 0.9% compared to the previous month, marking the largest increase
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