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Here's what new data from the producer price index says about where inflation is headed, according to economists.
18hon MSN
Investors were blindsided by July’s hot PPI inflation reading. Why stocks mostly shrugged it off.
Earlier this week, falling bond yields and growing expectations for aggressive Federal Reserve interest-rate cuts in the ...
July headline PPI reading rose 0.9% month-over-month. This was more than 4X the increase economists were expecting. The "core ...
The monthly rise was the biggest since June 2022, and the annual increase the highest since February this year. Core PPI, which strips out volatile data points, rose by 3.7 percent over the year, its ...
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Investor's Business Daily on MSNHot PPI Inflation Cools Big Fed Rate-Cut Hopes; S&P 500 Falls
The S&P 500 rally has a downside for inflation: surging portfolio management costs. Those costs surged 5.8% in July. Yet ...
14h
24/7 Wall St. on MSNInflation Is Back, Time to Worry
The Producer Price Index surged in July, in part due to tariffs. Consumers could face sharp inflation again toward the end of ...
Stocks moved lower on Thursday as investors reacted to the producer-price index showing a 0.9% bump for the month of July.
And while Deere reported higher-than-expected earnings of $4.75 per share and revenue of $10.4 billion, management now ...
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