A sharp drop in wholesale prices last month signaled a few key takeaways about the outlook for U.S inflation and the economy. President Donald Trump’s tariffs appear to be holding down inflation ...

The Producer Price Index, a closely watched measurement of wholesale inflation, showed Thursday that the prices paid to US producers dropped 0.5% in April from the month before, according to ...

US wholesale prices dropped unexpectedly in April for the first time in more than a year despite President Trump’s sweeping taxes on imports. The producer price index — which tracks inflation ...

The US Dollar (USD) reversed earlier losses and edged higher on Wednesday, as investors shifted away from risk-linked assets ...

PPI measures wholesale inflation, or prices businesses pay for their goods and services. Economists polled by Dow Jones had anticipated April PPI grew by 0.3% from the prior month. Jamie Cox ...

However, Tuesday’s data is largely backward-looking, since the US and China announced on ... The Fed will be looking toward wholesale inflation data, set to be released Thursday morning.

(CNN) — US wholesale prices sank in April, logging their biggest monthly drop since Covid stifled the economy, as tariffs put a squeeze on profit margins, according to new data released Thursday.