Mining was the anchor, with prices down 18.5% yoy. Coal mining, non-ferrous metals and chemical fibers pulled down prices month-on-month. If the stock market driven drop in commodity prices holds for July, yet more deflation is coming.
Source: 2015年6月份工业生产者出厂价格同比下降4.8%
How Many Interest Rate Cuts Will the Fed Do Before the Election?
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A friend of mine asked that question a few days ago. Let's go over the
possibilities and the market expectations.
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