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 ...
Wholesale-level inflation heated up further to close out 2024, a sign that price pressures are building at a time when President-elect Donald Trump threatens to unleash a substantial array of tariffs.
The Dow surged 600 points after the latest core inflation report indicated a slowdown, bolstered further by strong banking ...
US stocks gained after cooler-than-expected producer price index data soothed inflation concerns. The numbers on Tuesday ...
Inflation remains a big focus for investors, as upcoming economic data could signal whether price pressures persist. Kathy ...
U.S. PPI rose 0.2% in December, below forecasts, signaling easing wholesale inflation pressures. Core PPI was flat, raising ...
Investors are gearing up for December's crucial consumer price index to determine the direction of Fed policy.
Gold prices extended gains on Tuesday after U.S. inflation data came in slightly weaker than expected, giving investors faint ...
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