PPI Inflation Data Were Tame in October. A Rate Cut Is Still on the Table.
Wholesale inflation came in as expected for October, keeping the Federal Reserve on track to cut interest rates at its December meeting. As with the consumer inflation data released a day earlier, core prices remained hotter than the headline figure.
October wholesale PPI inflation up 0.2% for annual rate of 2.4%, meeting expectations
Wholesale Producer Price Index inflation rose 0.2% in October and is up 2.4% annually, according to a Thursday report from the Bureau of Labor Statistics.
Wholesale prices rise again, PPI shows, due to stubborn pockets of inflation
U.S. wholesale prices rose a bit faster in October and suggested the battle by the Federal Reserve to reduce inflation to low prepandemic levels may go on a while.
Wholesale Inflation Rises as Markets Worry that Trump’s Economic Plans Could Lead to Higher Prices
Market interest rates have risen over the past few months and the 10-year Treasury, often a benchmark for borrowing costs, is now yielding 4.45% – up from 3.6% in mid-September. Mortgage rates have risen about a percentage point to an average of 7% now from early September.
Producer Inflation Rises More Than Expected In October: Should Traders Rethink Interest Rate Cut Path?
Producer inflation in October was higher than expected, casting doubts on the US economy's disinflationary trend. Core PPI and jobless claims also showed mixed results.
US wholesale inflation picks up slightly in sign that some price pressures remain elevated
Wholesale prices in the United States rose last month, remaining low but suggesting that the American economy has yet to completely vanquish inflationary pressure.
India Wholesale Price Inflation Climbs To 2.36%, More Than Expected
India's wholesale price inflation accelerated further in October to the highest level in four months amid higher costs for food and
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PPI Inflation Rose in October
Getting inflation back down to 2% is proving to be a grind. Prices paid to producers for their output climbed by 0.2% last ...
Wholesale Inflation Sees Fastest Increase in Three Months
The Producer Price Index delivered a higher-than-expected annual wholesale inflation rate of 2.4% in October, its highest ...
Rising US producer prices add to signs of fading disinflation
U.S. producer prices picked up in October, lifted by higher costs for services like portfolio management and airline fares, ...
Wholesale inflation heated up again last month, reversing recent progress
US wholesale inflation picked up more than expected in October, indicating that some price pressures persist at the producer level.
S&P 500 Analysis: Jobless Claims Down but Inflation Holds, Powell’s Remarks Awaited
Wall Street dips as traders await Powell’s speech, with PPI data steady but inflation concerns lingering. Rate cut ...
2 firm inflation prints just made the Fed's 2025 rate cut path a lot 'murkier'
Strong inflation readings in October have economists arguing that the Federal Reserve will likely cut interest rates by less ...
Analysis: Rate cut forecast pushed back to May after slow inflation drop
Sky News Business Reporter Edward Boyd warns inflation is coming down but not “quickly enough” to establish a rate cut.