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PPI, Inflation
PPI Inflation Data Were Tame in October. A Rate Cut Is Still on the Table.
Wholesale inflation came in as expected for October, keeping the Federal Reserve on track to cut interest rates at its December meeting. As with the consumer inflation data released a day earlier, core prices remained hotter than the headline figure.
October wholesale PPI inflation up 0.2% for annual rate of 2.4%, meeting expectations
Wholesale Producer Price Index inflation rose 0.2% in October and is up 2.4% annually, according to a Thursday report from the Bureau of Labor Statistics.
PPI Inflation Rose in October
Getting inflation back down to 2% is proving to be a grind. Prices paid to producers for their output climbed by 0.2% last month and 2.4% in the 12 months through October, an uptick from the rate in September, according to the Labor Department. Economists ...
1d
on MSN
Wholesale prices rise again, PPI shows, due to stubborn pockets of inflation
U.S. wholesale prices rose a bit faster in October and suggested the battle by the Federal Reserve to reduce inflation to low ...
1d
Rising US producer prices add to signs of fading disinflation
U.S. producer prices picked up in October, lifted by higher costs for services like portfolio management and airline fares, ...
1d
Wholesale inflation heated up again last month, reversing recent progress
US wholesale inflation picked up more than expected in October, indicating that some price pressures persist at the producer level.
1d
2 firm inflation prints just made the Fed's 2025 rate cut path a lot 'murkier'
Strong inflation readings in October have economists arguing that the Federal Reserve will likely cut interest rates by less ...
Verywell Health on MSN
5h
Proton Pump Inhibitors: What They Do and How They Work
Proton pump inhibitors are a class of medications used to treat conditions like GERD and ulcers. They work by blocking the ...
1d
Stock Futures Pull Back After PPI Data
Stock futures gave back earlier gains after wholesale price inflation ticked higher in October. The producer price index rose 0.2% in October, which matched the consensus estimate among economists.
1d
on MSN
Britain's car finance industry is in crisis – with banks bracing for billions in payouts
It has prompted comparisons to Britain's payment protection insurance (PPI) scandal, which was estimated to have cost banks ...
1d
on MSN
Wall Street edges higher at the open after PPI data
Wall Street's main indexes edged higher at the open on Thursday after a broadly in line reading of producer prices data, with ...
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Related topics
inflation
Producer price index
Federal Reserve System
United States dollar
Financial Conduct Authority
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