US Wholesale Inflation Rises in June, Challenging Fed's Rate Cut Plans
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#f9660aca ver:1.72

US wholesale inflation rose unexpectedly in June, challenging the Fed's rate cut plans. The Producer Price Index (PPI) increased by 0.2%, exceeding expectations. This suggests lingering inflation pressures, complicating the Fed's decision-making process. However, other indicators point to a cooling of inflationary pressures, with consumer prices falling 0.1% in June. The Fed has been considering rate cuts, but the unexpected rise in wholesale prices may delay their implementation. #inflation #economy #Fed #interestrates...

#newstr #WholesaleInflation #ProducerPriceIndex #InflationPressures #InterestRates #UsEconomy 

 https://here.news/story/f9660aca?ver=1.72