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PPI report casts doubt on Bessent’s call for 50-basis-point Fed cut in September: ING
The producer-price index report released Thursday challenged Treasury Secretary Scott Bessent’s push for a 50-basis-point rate cut by the Federal Reserve in September, according to James Knightley, chief international economist at ING.
The rate-sensitive U.S. 2 Year Treasury yield (US2Y) jumped up on Thursday, as it reacted sharply to the hotter-than-expected ...
Producer prices jumped in July but may not translate directly into the Fed’s preferred inflation gauge, easing fears of ...
Wholesale inflation surged 0.9% in July, dashing Fed rate cut hopes. Traders brace for higher yields as services lead price ...
July PPI surged 0.9%, spiking costs across goods & services. Explore tariff impacts, market reactions, and the Fed's ...
Here's what new data from the producer price index says about where inflation is headed, according to economists.
Producer prices in US rose sharply in July, reigniting concerns over inflation persistence as Fed rate cuts were being priced in. PPI up 0.9% month over month, core PPI up 0.9%, and services prices ...
Wholesale prices increased in July at the quickest pace since February, as economists are keeping a sharp eye on inflation data amid President Trump’s trade war. The 3.3 percent yearly increase — ...
Hot PPI data halts the silver rally as inflation fears rise. Fed rate cut hopes fade, with traders eyeing Jackson Hole for ...
Producer prices in July rose faster than forecast across the board, giving investors and the Federal Reserve an inflation ...
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