US Inflation Shot Up More Than Expected In January's Producer Price Index
In January, a 10.4% increase in the index for diesel fuel was a major factor in the advance in prices for final-demand goods. The indexes for chicken eggs, beef and veal, gas fuels, jet fuel, and communication and related equipment also moved higher.
U.S. producer prices increased solidly in January, offering more evidence inflation was picking up again and strengthening financial market views that the Federal Reserve would not be cutting interest ...
U.S. wholesale prices came in hotter than expected last month at a time when progress against inflation appears to have stalled, undercutting expectations for lower interest rates this year ...
The Producer Price Index for final demand increased 0.4 percent in January, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices rose 0.5 percent in December ...
US wholesale prices picked up in January on higher food and energy costs, highlighting only limited progress on inflation ...
US markets ended higher on Thursday, powered by gains in tech related stocks, with the S&P 500 leading the charge. Nvidia, ...
The S&P 500 ended higher on Thursday, lifted by gains in Nvidia, Apple and Tesla, after US President Donald Trump unveiled a ...
Wall Street’s main indexes opened higher on Thursday (Feb 13) as investors parsed the latest producer prices data, while the ...
Asian markets climb on easing trade war fears, AI-driven tech stock gains, and Fed rate cut bets. Hang Seng leads with its ...
U.S. producer prices increased solidly in January, offering more evidence inflation was picking up again and strengthening ...
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