US Producer Prices Rise More Than Expected in April, Driven by Strong Services
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#18b8fd65 ver:0.49
US producer prices rose more than expected in April, driven by strong gains in services costs. The producer price index (PPI) increased by 0.5%, the largest rise since July 2023. In the 12 months through April, the PPI rose by 2.2%, impacting businesses and halting the Federal Reserve's plans to cut interest rates. The high inflation rate is a concern, and the consumer price index for April will provide further insight. #inflation #economy #PPI...
#newstr #UsProducerPrices #Inflation #FederalReserve
https://here.news/story/18b8fd65?ver=0.49
US Stock Futures Rise Ahead of Key Inflation Data /
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2024-05-15 07:04:32
Author Public Key
npub1lazltg5rcx8nxenzwe0jsltrr4l0d6q53nv3w7x82clxpt2vyqysty9lguPublished at
2024-05-15 07:04:32Event JSON
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"content": "US Producer Prices Rise More Than Expected in April, Driven by Strong Services\n===============\t\n#18b8fd65 ver:0.49\n\nUS producer prices rose more than expected in April, driven by strong gains in services costs. The producer price index (PPI) increased by 0.5%, the largest rise since July 2023. In the 12 months through April, the PPI rose by 2.2%, impacting businesses and halting the Federal Reserve's plans to cut interest rates. The high inflation rate is a concern, and the consumer price index for April will provide further insight. #inflation #economy #PPI...\n\n#newstr #UsProducerPrices #Inflation #FederalReserve \n\n https://here.news/story/18b8fd65?ver=0.49",
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