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.
A softer-than-expected rise in the December producer-price index won't provide much lasting comfort to investors jittery over inflation. That means the December consumer-price index reading due ...
The U.S. bond market has been gripped in a broad selloff since the Federal Reserve cut interest rates in September 2024, and ...
President-elect Trump encouraged Republicans in Texas to consider a primary challenge to Rep. Chip Roy (R-Texas) on Thursday ...
Food Prices The PPI report showed a 0.1% decline in food prices, including a nearly 15% slide in the cost of vegetables. Egg prices, which soared nearly 56% in November due to a worsening bird ...
Some economists are now contemplating what was previously unthinkable — and they are focused on the personal-consumption ...
Trade restrictions could complicate the Federal Reserve’s goal of balancing inflation and low unemployment, according to an ...
U.S. producer prices rose less than expected in December as higher costs for goods were partially offset by stable services ...
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