January 16, 2025 • 45 mins
Weather and California fires continue to dominate the headlines. The U.S. Bureau of Labor Statistics released the Producer Price Index (PPI) and the Consumer Price Index (CPI) this week, Kevin explains the difference between the two and digs into the details. Oil prices react to falling U.S. crude oil inventories, the lowest in nearly 3 years; a weaker dollar; Israel and Hamas agreeing to a ceasefire and hostage release; U.S. sanctions potentially disrupting supplies; OPEC predicting increases in global demand.
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