US PPI Shocker Hits 6% in April 2026, Crushing Fed Rate Cut Hopes
Bond traders priced in renewed Fed rate hike risks, and Goldman Sachs recently pushed back its next-cut forecast to December 2026. Equity futures sold off on the print. The dollar firmed against major peers as widening rate differentials supported the greenback. “Both CPI and PPI Inflation are now officially at 3+ year highs. Odds of rate HIKES are rising,” stated analysts at the Kobeissi Letter. Whether Federal Reserve officials now signal a hawkish pivot will set the tone for risk assets in coming sessions. A sustained rebound in producer costs could push consumer inflation higher into the second half of 2026. The post US PPI Shocker Hits 6% in April 2026, Crushing Fed Rate Cut Hopes appeared first on BeInCrypto.









