US PPI contracts! When (or Will) We See Tariff-Driven Inflation?

US PPI showed a -0.5% m/m contraction, confirming a lack of tariff-driven inflation last month, while consumer spending held up relatively well. FOREX.com's Global Head of Research Matt Weller breaks down the key news you need to know ahead of the US Open, as well as taking a look at today’s chart of the day, Gold.