Photo: Workers operate a saw to cut reclaimed wood planks in to flooring at The Hudson Company sawmill in Pine Plains, New York, on April 10, 2024. Photographer: Angus Mordant/Bloomberg. Workers operate a saw to cut reclaimed wood planks in to flooring at The Hudson Company sawmill in Pine Plains, New York, on April 10, 2024. Photographer: Angus Mordant/Bloomberg.

U.S. producer prices rose in April by more than projected, though key components that feed into the Federal Reserve's preferred inflation gauge were more muted.

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