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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 ...
4don MSN
Investors were blindsided by July’s hot PPI inflation reading. Why stocks mostly shrugged it off.
Earlier this week, falling bond yields and growing expectations for aggressive Federal Reserve interest-rate cuts in the ...
5d
Stocktwits on MSNPPI Report: Wholesale Inflation In July Comes In Hotter Than Expected
A measure of wholesale prices rose in July, coming in higher than Wall Street estimates, after remaining unchanged in June.
The Bureau of Labor Statistics reported the producer price index jumped more than expected in July, spurring renewed concerns ...
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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 ...
5don 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.
Inflation, as measured by the producer price index, shot up to 3.3% for the year ending in July, the Bureau of Labor Statistics reported Thursday — the largest 12 month increase since February. On a ...
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 producer price index for July suggests companies may be feeling the sting of inflation and consumers could be next.
The headline PPI reading rose 0.9% month-over-month. This was more than 4X the increase economists were expecting. Read more ...
The producer price index (PPI) for final demand rose 0.9% month-over-month after a flat reading in June. Core PPI, which ...
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