Wholesale prices post biggest surge in 3 years, PPI shows
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Producer prices in July rose faster than forecast across the board, giving investors and the Federal Reserve an inflation surprise just over a week out from Fed Chair Jay Powell's crucial Jackson Hole speech.
July's PPI inflation report heightened worries over tariff-fueled consumer inflation and raised questions about the Fed's interest rate cut plans.
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Cryptopolitan on MSNUS PPI beats estimates with 3.3% annual gain in July
The U.S. Producer Price Index rose way more than anyone expected last month. According to the Bureau of Labor Statistics, PPI jumped 3.3% year-over-year in
July PPI surged 0.9%, spiking costs across goods & services. Explore tariff impacts, market reactions, and the Fed's potential September rate cut.
Hot PPI data released on Thursday morning led to a pullback in stock-market futures as wholesale prices rose 0.9% in July, well above expectations. It was real disappointing news for investors, showing tariff inflation has begun to "infiltrate the system,
If stagflation takes hold in the year’s second half, earnings estimates may fall, threatening the market’s currently lofty valuation, says one strategist. Plus, investor newsletter commentary about silver,
The headline PPI reading rose 0.9% month-over-month. This was more than 4X the increase economists were expecting. Read more
Major U.S. stock-market indexes have mostly shrugged off Thursday's surprisingly hot PPI reading. But according to Tom Essaye, founder and president of Sevens Report Research, the data have helped to chip away at three key pillars supporting the stock-market rally.
The producer-price index is volatile and often overshadowed by consumer price trends, but analysts were paying attention Thursday after a hot number. An earlier inflation report this week showed that
US stocks mostly stalled on Thursday as Wall Street digested a much hotter-than-expected PPI inflation print, souring optimism around a large September rate cut. July's Producer Price Index (PPI) came in well above expectations,