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5 takeaways from the producer price inflation report with another key reading on tap
The producer price index, a gauge of costs at the wholesale level in the U.S. economy, posted an unexpected 0.1% decline in August.
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cnbc.com
Important inflation reports this week expected to show prices still on the rise
The Bureau of Labor Statistics will release the producer price index on Wednesday, followed by the consumer price index the next day.
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5 takeaways from the producer price inflation report with another key reading on tap
The producer price index, a gauge of costs at the wholesale level in the U.S. economy, posted an unexpected 0.1% decline in August.
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Wholesale prices unexpectedly declined 0.1% in August, as Fed rate decision looms
The producer price index was expected to increase 0.3% in August, according to the Dow Jones consensus estimate.
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One of the year’s 'most consequential' price reports drops tomorrow—what it could mean for your wallet
A key CPI report will offer a snapshot of where the economy is headed as the Fed weighs cutting rates amid rising inflation.
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upi.com
PPI: Wholesale prices dropped by 0.1% in August - UPI.com
Wholesale prices dropped just a bit in August, the BLS reported, potentially allowing the Federal Reserve to cut interest rates at its September meeting.