US Inflation Shot Up More Than Expected In January's Producer Price Index
In January, a 10.4% increase in the index for diesel fuel was a major factor in the advance in prices for final-demand goods. The indexes for chicken eggs, beef and veal, gas fuels, jet fuel, and communication and related equipment also moved higher.
The producer price index for final demand climbed 0.4% from a month earlier, and that after an upwardly revised 0.5% increase ...
Expectations for rate cuts were recalibrated after CPI, with markets now predicting the Fed will hold rates steady until well ...
The January inflation data releases today, with markets closely monitoring for persistent inflation signs that could delay ...
Home prices across the country are still rising at a faster clip than overall inflation, causing sticker shock for house ...
U.S. import prices increased slightly less than expected in January as a surge in the cost of fuels was partially offset by ...
1don MSN
Wholesale prices rose sharply in January, in another sign of lingering inflationary pressures in the economy that will keep high U.S. interest rates from falling much anytime soon.
US wholesale inflation remained stubbornly elevated last month, another sign that even higher prices could be ahead for American shoppers.
Michael Lee Strategy founder Michael Lee discusses the January CPI report and DOGE's effort to slash government spending on ...
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