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.
The producer price index was expected to increase 0.3% in January, according to the Dow Jones consensus forecast.
U.S. stock futures steadied on Thursday as investors awaited PPI data to gauge the Federal Reserve's interest-rate path after ...
While the PPI report was undeniably hot, the Personal Consumption Expenditures (PCE) price index came in softer.
NEW YORK : The dollar slipped on Thursday after components of January’s producer price report pointed to lower inflation, and fell further after the White House said that reciprocal tariffs on other ...
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