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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
on MSN
Wholesale Inflation Rises as Markets Worry that Trump’s Economic Plans Could Lead to Higher Prices
Market interest rates have risen over the past few months and the 10-year Treasury, often a benchmark for borrowing costs, is ...
1d
on MSN
Wholesale Inflation Sees Fastest Increase in Three Months
The Producer Price Index delivered a higher-than-expected annual wholesale inflation rate of 2.4% in October, its highest ...
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, ...
2d
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 ...
1d
S&P 500 Analysis: Jobless Claims Down but Inflation Holds, Powell’s Remarks Awaited
Wall Street dips as traders await Powell’s speech, with PPI data steady but inflation concerns lingering. Rate cut ...
1d
US wholesale inflation picks up slightly in sign that some price pressures remain elevated
Wholesale prices in the United States rose last month, remaining low but suggesting that the American economy has yet to completely vanquish inflationary pressure.
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