US inflation still slowing as producer prices rise below expectations in December
U.S. producer prices rose less than expected in December as higher costs for goods were partially offset by stable services prices, suggesting inflation remained on a downward trend after progress had stalled in recent months.
PPI accelerated to an increase of 3.31%, driven largely by services, which accelerated to 4.03%. Both increases were the ...
0.3% estimates, according to the Econoday consensus forecast. Over the past 12 months, PPI inflation has run 3.3%, in line ...
Investors are gearing up for December's crucial consumer price index to determine the direction of Fed policy.
Economists at Capital Economics and Pantheon Macroeconomics have crunched the numbers, and they have determined that this week's readings on wholesale and consumer-price inflation likely portend an ...
Inflation remains a big focus for investors, as upcoming economic data could signal whether price pressures persist. Kathy ...
US stocks gained after cooler-than-expected producer price index data soothed inflation concerns. The numbers on Tuesday ...
U.S. PPI rose 0.2% in December, below forecasts, signaling easing wholesale inflation pressures. Core PPI was flat, raising ...
Gold prices extended gains on Tuesday after U.S. inflation data came in slightly weaker than expected, giving investors faint ...
Investor's Business Daily on MSN2h
Core CPI Inflation Eases; S&P 500 Futures Jump, Fed Rate-Cut Hopes Rise (Live Coverage)Futures Jump, Yields Fall. S&P 500 futures surged 1.4% in premarket trade, up from about a 0.4% gain before the CPI inflation ...
Today’s PPI report may ignite market volatility, shaping Fed rate expectations and impacting stocks, bonds, and gold as ...
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