US producer inflation trends higher; labor market remains stable
U.S. producer prices increased solidly in January, offering more evidence inflation was picking up again and strengthening financial market views that the Federal Reserve would not be cutting interest rates before the second half of the year.
A gauge of wholesale prices rose more than expected in January, with the producer price index increasing 0.4% for the month, ...
The producer price index for final demand rose 0.2% last month ... U.S. central bank would keep rates unchanged through June. US ECONOMY ADDED 256K JOBS IN DECEMBER, WELL ABOVE EXPECTATIONS ...
US wholesale inflation unexpectedly ... prices that may help temper concerns of lingering price pressures. The producer price index for final demand rose 0.2% from a month earlier, according ...
US equity futures were little changed pre-bell Thursday ahead of the producer inflation report. The Dow Jones Industrial Average futures flatlined, S&P 500 futures declined 0.1%, and Nasdaq futures ...
US stocks gained after cooler-than-expected producer price index data soothed inflation concerns. The numbers on Tuesday showed wholesale inflation rose 0.2% in December on a monthly basis ...
There appears to be some welcome news on the US inflation front. Price hikes on the wholesale level were much tamer than anticipated in December, according to the latest Producer Price Index ...
The Labor Department reported Tuesday that its producer price index — which tracks inflation before it hits consumers — rose 0.2% last month from November, down from a 0.4% gain the month before ...
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