A gauge of wholesale prices rose more than expected in January, with the producer price index increasing 0.4% for the month, ...
Wholesale inflation has accelerated for five straight months and is currently at its highest level since February 2023. Read more here.
That may be a tough pill to swallow for consumers who are looking for some relief, as well as for investors who were hoping to see the Fed cut interest rates sooner rather than later. But there may be ...
U.S. producer prices increased solidly in January, offering more evidence inflation was picking up again and strengthening ...