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Inflation has fallen dramatically since 2022, from 9% to just under 3%, getting closer to the Fed’s target of 2%. It was a ...
By Jennifer Nash Wholesale inflation heated up in May, but was still cooler than anticipated. The producer price index for final demand was up 0.1% month-over-month after falling 0.2% in April.
US wholesale inflation was muted in June, presenting what would seem to be a better-than-expected outcome amid President Donald Trump’s hefty tariffs on global trading partners. However, a steep ...
The report on wholesale inflation arrived a day after the Labor Department reported that consumer prices last month rose 2.7% from June 2024, the biggest year-over-year gain since February, as ...
Wholesale prices offer early signals of inflationary trends that affect consumers. They also feed into the Federal Reserve’s preferred inflation gauge, the personal consumption expenditures (PCE) ...
Wholesale inflation in June, as measured by the producer-price index, surprised to the downside “as lower hotel rates and airfares offset tariff effects,” according to Comerica Bank’s chief economist, ...
Markets enter the heart of earnings season with the S&P 500 ($SPX) (SPY) facing a critical test as major financial institutions kick off quarterly results amid escalating trade tensions. President ...
The inflation outlook is muddied by Trump’s trade wars. He’s imposing a 145% tax — a tariff — on Chinese imports and is hitting most of the rest of the world’s imports with a 10% levy ...
India's wholesale price inflation hit a 14-month low of 0.4% in May, driven by cheaper food, fuel, and metals, according to commerce ministry data. Vegetable prices significantly declined, with ...
Disclaimer: This news article is a direct feed from ANI and has not been edited by the News Nation team. The news agency is ...