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Producer prices in July rose faster than forecast across the board, giving investors and the Federal Reserve an inflation ...
17hon MSN
Wholesale inflation much hotter than expected in July — throwing possible wrench into rate cut hopes
The Producer Price Index saw its biggest monthly gain since June 2022, the Bureau of Labor Statistics said Thursday.
The surprise PPI reading, driven by the biggest monthly gain in core since 2022, further muddies the central bank's September ...
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