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Here's what new data from the producer price index says about where inflation is headed, according to economists.
11hon MSN
Investors were blindsided by July’s hot PPI inflation reading. Why stocks mostly shrugged it off.
Earlier this week, falling bond yields and growing expectations for aggressive Federal Reserve interest-rate cuts in the ...
US stocks mostly stalled on Thursday as Wall Street digested a much hotter-than-expected PPI inflation print, souring ...
Stocks moved lower on Thursday as investors reacted to the producer-price index showing a 0.9% bump for the month of July.
16hon MSN
PPI spike: US producer prices inflation hit 3-year high in July, tariffs add pressure on businesses
US producer price inflation soared in July, reaching its highest level since 2022, fueled by rising service and goods costs.
Dean Smith, chief strategist and portfolio manager at FolioBeyond, says Thursday's (August 14) stronger than expected ...
The Bureau of Labor Statistics reported the producer price index jumped more than expected in July, spurring renewed concerns ...
14hon MSN
Wholesale prices post biggest surge in three years, PPI shows. Sign of tariff-related inflation?
The cost of wholesale goods and services — where rising inflation tends to show up first — posted the biggest increase in ...
Bitcoin peeled back from its fresh all-time high after a shocking US inflation report caught traders off guard.
On a surprise 3.7% YoY PPI reading, UST yields ratcheted back up in yield. A CPI reading like this would garner a much bigger ...
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