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Wholesale Inflation Hotter Than Expected
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Here's what new data from the producer price index says about where inflation is headed, according to economists.
Producer prices in July rose faster than forecast across the board, giving investors and the Federal Reserve an inflation ...
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Investor's Business Daily on MSNHot PPI Inflation Cools Big Fed Rate-Cut Hopes; S&P 500 Falls
The S&P 500 rally has a downside for inflation: surging portfolio management costs. Those costs surged 5.8% in July. Yet ...
The rate-sensitive U.S. 2 Year Treasury yield (US2Y) jumped up on Thursday, as it reacted sharply to the hotter-than-expected ...
Producer prices jumped in July but may not translate directly into the Fed’s preferred inflation gauge, easing fears of ...
Stocks moved lower on Thursday as investors reacted to the producer-price index showing a 0.9% bump for the month of July.
The headline PPI reading rose 0.9% month-over-month. This was more than 4X the increase economists were expecting. Read more ...
Leading cryptocurrencies dived on Thursday after hotter-than-expected wholesale inflation tempered risk appetite.
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