US Producer Price Index Cools More Than Expected

The US Producer Price Index (PPI) has cooled more than anticipated, indicating easing inflationary pressures. This unexpected moderation in core inflation could reduce the pressure on the Federal Reserve regarding future policy decisions.

13 Aug, 13:43 — 13 Aug, 13:43

Post Share

Sources

Showing 1 of 1 sources

bloombergHigh3d ago

US PPI Cools More Than Expected, Easing Pressure on Fed

US wholesale inflation decelerated in July by more than estimated as energy and food costs fell, likely giving the Federal Reserve more time to assess price pressures at upcoming meetings. Initial jobless claims rose by 9,000 in the week ending August 9. Bloomberg's Michael McKee reports. (Source: Bloomberg)

Read full article →

PERSPECTA

PERSPECTA

US Producer Price Index Cools More Than Expected

Sources

US PPI Cools More Than Expected, Easing Pressure on Fed

Related Stories

Heatwaves and Drought Impact European Infrastructure, Threatening Nuclear Power Plants

Seven Companies to Launch IPOs Next Week, Raising Billions

Diesel Prices Decrease in Romania After Excise Duty Reduction

Peter Thiel and Stanley Druckenmiller Invest Heavily in Tech Stock

PERSPECTA