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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.
Stocks in Asia made an uneven recovery as higher-than-expected producer price inflation dampened expectations of a jumbo rate ...
The rate-sensitive U.S. 2 Year Treasury yield (US2Y) jumped up on Thursday, as it reacted sharply to the hotter-than-expected ...
Here's what new data from the producer price index says about where inflation is headed, according to economists.
Producer prices jumped in July but may not translate directly into the Fed’s preferred inflation gauge, easing fears of ...
July PPI surged 0.9%, spiking costs across goods & services. Explore tariff impacts, market reactions, and the Fed's ...
Gold prices were headed for a weekly fall on Friday, as hotter-than-expected U.S. inflation data dented hopes for a ...
Hot PPI data released on Thursday morning led to a pullback in stock-market futures as wholesale prices rose 0.9% in July, ...
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