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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.
Bitcoin was down by more than 3% at below $119,000 Thursday morning, following the release of a hotter-than-expected producer ...
President Trump's tariffs continue to affect global markets and the economy. Follow for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq ...
Producer prices jumped in July but may not translate directly into the Fed’s preferred inflation gauge, easing fears of ...
Wall Street is edging back from its record heights after a disappointing report said inflation was worse last month.
A jump in U.S. wholesale prices last month looks to have all but erased the possibility that the Federal Reserve will deliver ...
Excluding volatile food and energy prices, so-called core producer prices rose 0.9% from June, biggest month-over-month jump ...
Wholesale prices increased in July at the quickest pace since February as economists are keeping a sharp eye on inflation data amid President Trump’s trade war. The 0.9-percent monthly increase — ...
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