 In general, traders can mostly ignore the monthly PPI data. Its a noisy reading on pipeline inflation and doesnt always flow through to CPI in ways that are easy to predict.Thats not the case right now. Last months reading on PPI caused the largest move Ive seen on the release and it was released after CPI. In general, its more of a factor when its released before CPI and thats the case this month.Notably, the big move after last months report was subsequently faded so... 