US Wholesale Inflation Rises in June, Indicating Persistent Price Pressures
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#f9660aca ver:1.62

US wholesale inflation unexpectedly rose in June, indicating persistent price pressures. The Producer Price Index (PPI) increased by 0.2%, exceeding expectations. This suggests that inflation may still be lingering, raising concerns about the trajectory of inflation and the Federal Reserve's plans for interest rate cuts. However, other indicators point to a cooling of inflationary pressures, with consumer prices falling 0.1% in June. The unexpected rise in wholesale prices could complicate the Fed's decision-making process and lead to a reassessment of their plans for interest rate cuts. #inflation #economy #FederalReserve...

#newstr #UsWholesaleInflation #PricePressures #FederalReserve #InterestRates #ProducerPriceIndex 

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