FGM’S DANIEL DODERER QUOTED IN SEEKING ALPHA

As the U.S. economy prepares for key inflation reports this week ahead of the Federal Reserve’s December rate decision, Daniel Doderer, Economist and Research Director at Flack Global Metals, shared his insights.

The relationship between CPI and PPI “really holds up when prices are increasing,” said Daniel. “If PPI is going higher, we view it as a pretty significant risk of CPI going higher, but when PPI is going lower — the producer side of prices — it doesn’t necessarily translate to consumers getting relief.”

Flack Global Metals has seen inflation on the PPI side “kind of bubbling up,” while CPI has been “hovering lower,” Doderer said. “Even though we’re seeing continued disinflation, I think it’s disappointing a lot of forecasts.”