What was the unexpected gain in the Producer Price Index (PPI) for March?
U.S. Producer Prices Rise the Most on Record

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Business, Social Studies
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
1.1%
1.4%
0.99%
2.3%
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did the core rate, excluding food and energy, change on a year-over-year basis?
8.4%
9.2%
10.6%
11.2%
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the significance of the PPI data in the context of inflationary cycles?
It indicates a deflationary trend.
It suggests a stable economic environment.
It shows a decrease in market volatility.
It contributes to the belief in an ongoing inflationary cycle.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the market's reaction to the PPI final demand number?
A significant drop in yields
A slight increase in yields
A massive reaction in S&P futures
No change in market dynamics
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why are more people switching to adjustable-rate mortgages?
They are unaffected by Federal Reserve rate changes.
They are currently about a percentage point cheaper than fixed-rate mortgages.
They are more expensive than fixed-rate mortgages.
They offer a fixed interest rate for the entire term.
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