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.
U.S. producer prices increased solidly in January, offering more evidence inflation was picking up again and strengthening ...
Her expertise is in personal finance and investing, and real estate. The Producer Price Index (PPI) measures the average change over time in the prices domestic producers receive for their output.
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 ...
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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