Key Market Developments Macro: Reinforcing a Higher-for-Longer Environment Today’s inflation data reinforced what markets were already beginning to price in: a more persistent, “higher for longer” rate environment. U.S. producer prices came in above expectations, with headline PPI rising to 3.4 percent and core PPI reaching 3.9 percent, the highest level since early 2023. The data suggests that inflation pressures remain firm, even before fully accounting for the recent escalation in geopolitical tensions and rising energy prices. The Federal Reserve reinforced that message, leaving interest rates unchanged for the second consecutive meeting and signaling a prolonged pause in policy. Updated projections point to just one r...
From WPI Consulting
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.