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PPI inflation shock: Core producer prices hit 3-year high in July in 'head-scratching' inflation surge

Producer prices in July rose faster than forecast across the board, giving investors and the Federal Reserve an inflation surprise just over a week out from Fed Chair Jay Powell's crucial Jackson Hole ...
Hosted on MSN

European Central Bank head: Frequent shocks to economy make inflation more unpredictable

FRANKFURT, Germany (AP) — The head of the European Central Bank said inflation has become more unpredictable due to shocks like the COVID-19 pandemic and Russia’s invasion of Ukraine — and that ...
Wall Street Journal

Core Inflation Expected to Head Higher, Goldman Economists Say

Customers at a T.J. Maxx store in Chicago. Goldman Sachs economists project higher goods inflation ahead. (Scott Olson/Getty Images) Price increases have cooled off so far this year, but Goldman Sachs ...