US wholesale inflation unexpectedly declined in August for the first time in four months, adding to the case for the Federal Reserve to cut interest rates.
The producer price index decreased 0.1% fr… [+157 chars]
US Producer Prices Unexpectedly Drop, First Decline Since April - Bloomberg.com
US wholesale inflation unexpectedly declined in August for the first time in four months, adding to the case for the Federal Reserve to cut interest rates.
By:Augusta Saraiva
Source:Bloomberg
Published:
Related News
S&P 500 futures climb ahead of Fed decision, major tech earnings: Live updates - CNBC
The S&P 500 climbed to a new all-time high and closed at a record on Tuesday as traders eagerly awaited earnings from major tech companies.
CNBC•Pia Singh
Trump’s Embrace of Weaker Dollar Fuels Bets on New Downtrend - Bloomberg.com
President Donald Trump’s relaxed tone about the dollar selloff is fueling speculation the US currency is at the start of a longer-term decline.
Bloomberg•Ruth Carson, Greg Ritchie
Trump’s Embrace of Weaker Dollar Fuels Bets on New Downtrend - Yahoo Finance
The dollar suffered its deepest one-day drop since last year’s tariff rollout after Trump said on Tuesday he didn’t think the currency had weakened...
Yahoo Entertainment•Ruth Carson and Greg Ritchie