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Surging goods, services prices boost US producer inflation
U.S. producer prices increased by the most in three years in July amid a surge in the costs of goods and services, suggesting a broad pickup in inflation was imminent, potentially jeopardizing an anticipated interest rate cut from the Federal Reserve next month.
Wholesale inflation picked up more than expected last month, indicating that mounting pressure on input costs will likely ...
Markets are digesting hotter-than-expected Producer Price Index (PPI) inflation data, with rising services costs raising new concerns for the Federal Reserve. Yahoo Finance Senior Reporters Jennifer ...
June's personal income and spending growth were soft, with both rising just 0.3% MoM, falling short of expectations. Check ...
The Federal Reserve's preferred inflation gauge showed that prices increased slightly in June, as policymakers continue to monitor data for signs of tariff-induced inflation.
The Federal Reserve's preferred inflation measure, the PCE, or personal-consumption expenditures price index, for June is due ...
The PCE price index is the Fed’s preferred gauge of inflation, and on the face of it, the data looked good. Headline PCE inflation rose 3.8% from a year earlier, which is the lowest figure in ...
Prices for goods rose in June as businesses passed the cost of tariffs on to customers, according to the Federal Reserve's ...
Goldman Sachs is taking the heat for its call that heavier tariff-induced consumer inflation is ahead, but it's far from ...
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