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- Recapping Week 3, inflation cools, surprises shake the market
Recapping Week 3, inflation cools, surprises shake the market
January 13, 2025 - January 17, 2025
Ary Mega
January 17th, 2025 • Read this in 8 minutes
Hey, it’s Ary from ESNQ News, where you’ll understand what’s happening with the S&P 500, Nasdaq, and economic data in plain English.
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Alright, so let’s get into it:
Table of Contents
👀 Market vibes this week
🤷 Here’s what happened
Events | Results |
|---|---|
PPI (Dec) | 👎 (vs. prev) |
Core CPI (Dec) | 👎 (vs. prev) |
CPI (Dec) | 👈 (vs. prev) |
Crude Oil Inventories | 👎 (vs. prev) |
Retail Sales (Dec) | 👎 (vs. prev) |
Core Retail Sales (Dec) | 👍 (vs. prev) |
Philly Fed Manufacturing | 👍 (vs. prev) |
Initial Jobless Claims | 👎 (vs. prev) |
👇️ Let's break it down
Alright, so on Chewsday
Producer prices (PPI) came in softer than expected. Think of this as the "wholesale" prices businesses pay — like Costco prices before they hit regular stores. The lower number suggests less inflation pressure in the pipeline.