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Henrietta Treyz highlights that producer price index (PPI) increases typically take 60 to 90 days to influence consumer costs. She compares this lag to the similar window observed between crude price shocks and rising grocery prices.
Treyz adds that this week's inflation data strengthen the case for the Federal Reserve to hold rates steady, with a possibility of rate hikes under the newest Federal Reserve chair in the coming months.
Treyz has previously commented on a significant spike in crude and gas prices during recent trading sessions, highlighting market volatility here. She also noted that airlines are facing 95 percent increases in jet fuel prices, contrary to initial projections here. These developments provide context for the current discussion on inflation and price transmission to consumers.