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Here's what new data from the producer price index says about where inflation is headed, according to economists.
Earlier this week, falling bond yields and growing expectations for aggressive Federal Reserve interest-rate cuts in the ...
US stocks mostly stalled on Thursday as Wall Street digested a much hotter-than-expected PPI inflation print, souring ...
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 ...
The S&P 500 rally has a downside for inflation: surging portfolio management costs. Those costs surged 5.8% in July. Yet ...
The headline PPI reading rose 0.9% month-over-month. This was more than 4X the increase economists were expecting. Read more ...
Stocks moved lower on Thursday as investors reacted to the producer-price index showing a 0.9% bump for the month of July.
Treasury yields ticked higher after the hotter-than-expected PPI reading, though yields remained below Wednesday end-of-day levels.