Chinese inflation ran hot in December, even if the 12-month figure tumbled. The PPI increased 0.8 percent, down from 1.6 percent a year earlier, but the fastest reading since September. U.S. PPI wasn't affected by rising Chinese PPI: Deflation's Back? Core Import Prices Tumble In December.
Consumer prices rose 0.3 percent.
Friday: Personal Income and Outlays
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[image: Mortgage Rates] Note: Mortgage rates are from MortgageNewsDaily.com
and are for top tier scenarios.
Friday:
• At 8:30 AM ET, *Personal Income and O...
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