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Here's what new data from the producer price index says about where inflation is headed, according to economists.
Producer prices in July rose faster than forecast across the board, giving investors and the Federal Reserve an inflation ...
Earlier this week, falling bond yields and growing expectations for aggressive Federal Reserve interest-rate cuts in the ...
The S&P 500 rally has a downside for inflation: surging portfolio management costs. Those costs surged 5.8% in July. Yet ...
The monthly rise was the biggest since June 2022, and the annual increase the highest since February this year. Core PPI, which strips out volatile data points, rose by 3.7 percent over the year, its ...
The headline PPI reading rose 0.9% month-over-month. This was more than 4X the increase economists were expecting. Read more ...
The Producer Price Index saw its biggest monthly gain since June 2022, the Bureau of Labor Statistics said Thursday.
The warning comes as inflation is already spiking. The Labor Department reported Thursday that the producer price index ...
Massive downward revisions in July's jobs report last week fueled concerns that the labor market is softening too quickly, ...
A measure of wholesale prices rose in July, coming in higher than Wall Street estimates, after remaining unchanged in June.
Stocks moved lower on Thursday as investors reacted to the producer-price index showing a 0.9% bump for the month of July.
Leading cryptocurrencies dived on Thursday after hotter-than-expected wholesale inflation tempered risk appetite.