Producer price index and core PPI rise M/M, as expected, in October
The Producer Price Index, or PPI, increased 0.2% M/M in October, matching the consensus and picking up from +0.1% in September, which was revised from 0.0%. On a Y/Y basis, headline PPI increased 2.4% vs. +2.3% consensus and +1.9% prior (revised from +1.8%).
Wholesale inflation came in as expected for October, keeping the Federal Reserve on track to cut interest rates at its ...
Wholesale Producer Price Index inflation rose 0.2% in October and is up 2.4% annually, according to a Thursday report from ...
Getting inflation back down to 2% is proving to be a grind. Prices paid to producers for their output climbed by 0.2% last ...
U.S. producer prices picked up in October, lifted by higher costs for services like portfolio management and airline fares, ...
Strong inflation readings in October have economists arguing that the Federal Reserve will likely cut interest rates by less ...
The stock market was up slightly to start the day on Thursday after bond yields retreated in the wake of the latest update on wholesale price inflation. The Dow Jones Industrial Average was up 85 ...
It has prompted comparisons to Britain's payment protection insurance (PPI) scandal, which was estimated to have cost banks ...
The reaction across financial markets to the release of the PPI report for October has seen stock futures pare earlier gains, while Treasury yields have ticked higher. That's basically the reverse ...
Crude Inventories Rise By 2.1 Million Barrels, Exceeding Analyst EstimatesThu, 14 Nov 2024 16:17:40 GMT October PPI Rises 0.2%, Supporting Fed Rate Cut Hopes as Inflation and Jobs SteadyThu ...
Wall Street's main indexes edged higher at the open on Thursday after a broadly in line reading of producer prices data, with ...
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