US producer prices rise moderately in December
1. Producer prices rose 0.2% in December, below expectations. 2. PPI year-on-year increased to 3.3%, influenced by prior low energy prices. 3. The Fed is unlikely to cut interest rates until mid-2025. 4. Labor market remains resilient with strong job additions, impacting Fed policy. 5. Inflation fear rises due to potential tariff increases and immigration policies.