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 ...
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 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 ...
Canadian Dollar sinks to multi-year lows on data-light Thursday
The Canadian Dollar (CAD) backslid into new lows against the Greenback on Thursday, slipping to a fresh 54-month low and ...
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 ...
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SPY, QQQ Dip After PPI, Jobless Claims Data: Retail Turns Neutral As Focus Shifts To Powell’s Speech
The SPDR S&P 500 ETF Trust ($SPY) pulled back in late-morning trading on Thursday as the market digests the producer price ...
Higher services costs lift US producer inflation in October
U.S. producer prices picked up in October, lifted by higher costs for services like portfolio management and airline fares, ...
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 ...
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US Producer Price Index rises by 0.2%, aligning with forecasts
This steady PPI figure is encouraging for the US dollar, as the alignment with expectations suggests a stable inflation rate.
S&P 500 and Nasdaq Composite: Weekly Losses Loom Amid Fed Caution
Dow and Nasdaq slide as postelection rally fades. Fed remarks on inflation temper rate cut hopes, dragging US indices into negative territory this week.
US Producer Inflation Edges Higher In October
US wholesale prices rose slightly in October, according to government data published Thursday, as an increase in services inflation pushed up the overall figure.