US Wholesale Inflation Remains Elevated in June, Contradicting Easing Inflation Indicators
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#f9660aca ver:1.73

US wholesale inflation unexpectedly rose in June, contradicting easing inflation indicators. The Producer Price Index (PPI) increased by 0.2%, exceeding expectations. This suggests lingering inflation pressures despite other indicators pointing to easing inflation. The unexpected rise in wholesale prices raises concerns about the trajectory of inflation and its impact on the economy, complicating the Federal Reserve's plans for interest rate cuts. #inflation #economy #FederalReserve...

#newstr #UsWholesaleInflation #FederalReserve #InterestRates #ProducerPriceIndex #Inflation #Economy 

 https://here.news/story/f9660aca?ver=1.73