Wall Street ended the week with another tech selloff, but gains earlier in the week helped the Nasdaq and S&P 500 snap ...
As inflation seeps deeper into the U.S. economy, the Federal Reserve may have to step up the pace of rate hikes, according to ...
San Francisco Federal Reserve President Mary Daly said on Friday that her "bias" is that the central bank will need to increase its policy rate, particularly with services inflation moving in the ...
U.S. producer prices rose 6.5% annually in October, their largest yearly increase in four years, adding pressure to inflation concerns.
The producer price index rose 6.5% from October 2025, an acceleration from the prior month, according to Bureau of Labor Statistics data out Friday. On a monthly basis, the PPI increased 0.3%.
There were more signs of inflation broadening out beyond energy goods, with food prices increasing by the most in eight months as expensive diesel raised transportation costs.
WASHINGTON, Nov 13 (Reuters) - US Treasury Secretary Scott Bessent said on Friday that the Federal Reserve should not hike rates because of inflation driven by an "energy supply shock" tied to the ...
CNBC's Steve Liesman discusses the inflation dynamic in the U.S. economy, the recent CPI and PPI reports, how the Federal Reserve may be thinking about interest rates with Austan Goolsbee, president ...
Prices charged by U.S. producers rose less quickly last month than during their rapid increase in September, but wholesale inflation over the past year remains well above trend.
Wholesale inflation cooled a bit last month yet remains elevated, evidence of stubbornly higher prices that have soured Americans on the economy and fueled big gains for Democrats in the midterm ...
M/M vs. +0.4% consensus and +1.4% prior (revised from +1.3%), according to data released by the U.S. Bureau of Labor Statistics on Friday.
US wholesale inflation climbed in October from a year earlier at the fastest pace since 2022, adding to evidence of mounting price pressures throughout the economy.
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