'RAMped!': Memory Cost Spike Sparks Surge US Import Prices

'RAMped!': Memory Cost Spike Sparks Surge US Import Prices As we have noted numerous times in the last week or two, inflation fears are back (or rather stagflation) as growth stagnates and prices re-accelerate... This morning we get yet more confirmation of the second wave of inflation as US Import/Export prices blew expectations away... US Import prices jumped by 1.5% MoM (the third monthly rise in a row) - the biggest MoM jump since March 2022. The acceleration in prices p...

By Tyler Durden