Ferguson: Inflation seems stuck and possibly going higher

So, what are the real implications of this hotter than expected PPI report. So, CPI, it was a bit mixed. Uh, headline was better than expected, but core was a bit hotter.And people said, well, it was just better than feared. This one's a lot worse than feared. Does this take a 25 basis point cut off the table. Does it officially eliminate the idea of a 50 basis point cut where was kind of that became kind of a whisper conversation going on as well. Look, I think a 50 basis point cut was never really that mu ...