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Here's what new data from the producer price index says about where inflation is headed, according to economists.
US inflation on the wholesale level picked up steam in July, with prices rising by the fastest monthly pace since June 2022, ...
The Producer Price Index saw its biggest monthly gain since June 2022, the Bureau of Labor Statistics said Thursday.
The report issued Thursday, known as the producer-price index, is volatile, and many analysts look to it more as a gut check ...
The monthly rise was the biggest since June 2022, and the annual increase the highest since February this year. Core PPI, which strips out volatile data points, rose by 3.7 percent over the year, its ...
The rate-sensitive U.S. 2 Year Treasury yield (US2Y) jumped up on Thursday, as it reacted sharply to the hotter-than-expected ...
Hot PPI data released on Thursday morning led to a pullback in stock-market futures as wholesale prices rose 0.9% in July, ...
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Stock market today: Dow, S&P 500, Nasdaq hit pause as hot PPI inflation data cools rate-cut rally
US stocks mostly stalled on Thursday as Wall Street digested a much hotter-than-expected PPI inflation print, souring optimism around a large September rate cut. July's Producer Price Index (PPI) came ...
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