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Here's what new data from the producer price index says about where inflation is headed, according to economists.
A measure of wholesale prices rose in July, coming in higher than Wall Street estimates, after remaining unchanged in June.
Earlier this week, falling bond yields and growing expectations for aggressive Federal Reserve interest-rate cuts in the ...
The Producer Price Index saw its biggest monthly gain since June 2022, the Bureau of Labor Statistics said Thursday.
The rate-sensitive U.S. 2 Year Treasury yield (US2Y) jumped up on Thursday, as it reacted sharply to the hotter-than-expected ...
Stocks moved lower on Thursday as investors reacted to the producer-price index showing a 0.9% bump for the month of July.
Leading cryptocurrencies dived on Thursday after hotter-than-expected wholesale inflation tempered risk appetite.
The headline PPI reading rose 0.9% month-over-month. This was more than 4X the increase economists were expecting. Read more ...