Higher Wholesale Inflation Raises Questions About Federal Reserve Rate Cut
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#f9660aca ver:1.68
Higher-than-expected wholesale inflation in the US raises concerns about the Federal Reserve's plans for interest rate cuts. The Producer Price Index (PPI) rose 0.2% in June, suggesting potential future consumer inflation. This unexpected increase in wholesale prices could complicate the Fed's decision-making process. Despite other indicators pointing to easing inflation, the rise in wholesale prices indicates lingering inflation pressures. The Fed has been considering rate cuts, but the unexpected inflation may delay their decision. #inflation #FederalReserve #interestrates...
#newstr #WholesaleInflation #FederalReserve #InterestRates #ProducerPriceIndex #RetaillevelInflation
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