U.S. Producer Prices Rise by Less Than Forecast

The PPI rose 0.1% from a month earlier and 2.2% from a year ago.

By Matthew Boesler | August 13, 2024 at 01:30 PM

Photo: A worker prepares orders for shipping at la Vie en Rose distribution centre in Montreal, Quebec, on February 27, 2024. Photographer: Graham Hughes/Bloomberg.

U.S. producer prices rose in July by less than forecast, reflecting the first decline in services costs this year amid an ongoing moderation in inflationary pressures.

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Core U.S. Inflation Picks up, Dampening Odds of Outsize Fed Cut

By Augusta Saraiva | September 11, 2024

In August, the core CPI increased 2.1% on a three-month annualized basis, picking up from 1.6% in July.

Core U.S. Inflation Picks up, Dampening Odds of Outsize Fed Cut

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Newest Jobs Data Fails to Resolve Debate over Fed Rate Cut

By Amara Omeokwe & Michael Mackenzie | September 06, 2024

"There's a strong argument for a half percent" interest rate cut when the Federal Reserve meets in mid-September. "It's going to be hotly debated."

Newest Jobs Data Fails to Resolve Debate over Fed Rate Cut

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