Wholesale Inflation's Big Drop, Amazon CEO's Annual Letter to Shareholders 4/13/23
Squawk on the Street
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Introduction
PPI up two seven year on year, jobless claims also a little higher than expected. Wholesale prices notching their biggest drop in three years. Mary Daly says the Fed still has more work to do. Amazon CEO warns of short-term headwinds for its AWS business but remains confident that he can get company costs down.
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Transcript
