U.S. wholesale price increases mostly slowed last month, the latest evidence that inflation pressures are cooling enough for the Federal Reserve to begin cutting interest rates next week.
U.S. wholesale price increases mostly slowed last month, the latest evidence that inflation pressures are cooling enough for the Federal Reserve to begin cutting interest rates next week.
Core wholesale prices excluding volatile food and energy prices rose higher than expected, further dimming hopes for a 50-basis point interest rate cut next week. The US government’s Producer Price ...
Wholesale prices in the US rose 0.2% in August, driven by service costs, while goods prices remained flat. The data comes as the Federal Reserve prepares to lower interest rates at its upcoming policy ...
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