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Here's what new data from the producer price index says about where inflation is headed, according to economists.
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Investors were blindsided by July’s hot PPI inflation reading. Why stocks mostly shrugged it off.
Earlier this week, falling bond yields and growing expectations for aggressive Federal Reserve interest-rate cuts in the ...
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Stocktwits on MSNPPI Report: Wholesale Inflation In July Comes In Hotter Than Expected
A measure of wholesale prices rose in July, coming in higher than Wall Street estimates, after remaining unchanged in June.
The monthly rise was the biggest since June 2022, and the annual increase the highest since February this year. Core PPI, which strips out volatile data points, rose by 3.7 percent over the year, its ...
Stocks moved lower on Thursday as investors reacted to the producer-price index showing a 0.9% bump for the month of July.
The headline PPI reading rose 0.9% month-over-month. This was more than 4X the increase economists were expecting. Read more ...
Leading cryptocurrencies dived on Thursday after hotter-than-expected wholesale inflation tempered risk appetite.
The producer-price index is volatile and often overshadowed by consumer price trends, but analysts were paying attention ...
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