US inflation still slowing as producer prices rise below expectations in December
U.S. producer prices rose less than expected in December as higher costs for goods were partially offset by stable services prices, suggesting inflation remained on a downward trend after progress had stalled in recent months.
0.3% estimates, according to the Econoday consensus forecast. Over the past 12 months, PPI inflation has run 3.3%, in line ...
Wholesale-level inflation heated up further to close out 2024, a sign that price pressures are building at a time when President-elect Donald Trump threatens to unleash a substantial array of tariffs.
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
US stocks gained after cooler-than-expected producer price index data soothed inflation concerns. The numbers on Tuesday ...
Inflation remains a big focus for investors, as upcoming economic data could signal whether price pressures persist. Kathy ...
Today’s PPI report may ignite market volatility, shaping Fed rate expectations and impacting stocks, bonds, and gold as ...
Investors are gearing up for December's crucial consumer price index to determine the direction of Fed policy.
PPI accelerated to an increase of 3.31%, driven largely by services, which accelerated to 4.03%. Both increases were the ...
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