[ad_1] Growing evidence of a gradually cooling economy helped push stocks higher once again Wednesday. The S&P 500 rose 0.2%. The tech-heavy Nasdaq Composite gained 0.1%. The Dow Jones Industrial Average…
Tag: Producer/Wholesale Price Index
Why Is Inflation So Sticky? It Could Be Corporate Profits
[ad_1] Inflation has proved more stubborn than central banks bargained for when prices started surging two years ago. Now some economists think they know why: Businesses are using a rare…
China’s Consumer Inflation Eases, Producer Prices Deflate Further
[ad_1] UPDATED: China’s consumer inflation eased to its lowest level in more than a year in March, as prices for both food and non-food products retreated. [ad_2] Source link
January PPI Report Shows Producer Prices Rose, Pointing to Persistent Inflation
[ad_1] U.S. supplier prices rose 6% in January from a year earlier, a sign of still stubborn inflation pressures in the economy. [ad_2] Source link
Producer Price Increases Decelerated in December
[ad_1] Supplier prices rose 6.2% last month from a year earlier, the slowest pace since March 2021. [ad_2] Source link
Fed Official Sees Progress on Inflation, Says More Rate Rises Needed
[ad_1] The Federal Reserve’s short-term benchmark rate isn’t yet at a level high enough to sufficiently slow the U.S. economy to combat high inflation, but it should get there this…
U.S. Supplier Price Increases Eased in November
[ad_1] Economy U.S. Economy Producer-price index rose 7.4% last month from year earlier, down from 11.7% peak in March [ad_2] Source link