Inflation rose to 3.3% in December in producer price index in threat to outlook
There are growing concerns about the stickiness of inflation and fears that the Federal Reserve may have to keep interest rates restrictively high for longer.
Producer Price Inflation Rises Less Than Expected, Offers Opportunity For Market Rebound
Producer prices rose less than expected in Dec, easing Fed's inflation concerns and providing relief to markets. Core PPI ...
U.S. producer prices rise 0.2% in December, less than expected
The Producer Price Index advanced 0.2% sequentially in the last month of 2024, the 0.4% consensus and November's 0.4% increase, according to data released by the Bureau of Labor Statistics on Tuesday.
Wall St set for higher open after softer-than-expected producer price data
Wall Street's main indexes were on track to open higher on Tuesday, as investors assessed softer-than-expected producer inflation to gauge the Federal Reserve's monetary policy trajectory this year. A ...