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March PPI Higher Than Expected GME Rally Picks Up Steam

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Nobody Special Finance

The Producer Price Index for the month of March came in higher than expected as inflation remains sticky and Fed rate cut hopes continue to diminish. Meanwhile the rally in GameStop that hit it's stride yesterday has only gained momentum despite the stock being halted 9 times on Monday. GME is up over 100% premarket.

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#inflation #PPI #GameStop

posted by sourdsg6