On October 15, 2019, the Department of Labor announced that the Producer Price Index (PPI) experienced an unexpected 1.1 percent increase in September, the largest jump in 9 years. Based on this information alone, what would you expect to happen to interest rates and stock prices?
A. We should expect higher interest rates and lower stock prices
B. We should expect higher interest rates and higher stock prices
C. We should expect lower interest rates and lower stock prices.
D. We should expect lower interest rates and higher stock prices.
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Home » Business » On October 15, 2019, the Department of Labor announced that the Producer Price Index (PPI) experienced an unexpected 1.1 percent increase in September, the largest jump in 9 years.