US Wholesale Inflation Rises in June, Indicating Persistent Price Pressures
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#f9660aca ver:1.65

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 interest rate cut plans. The unexpected rise in wholesale prices could have implications for retail-level inflation and the Fed's monetary policy decisions. Despite this, other indicators point to a cooling of inflationary pressures. The Fed is closely monitoring inflation trends and considering rate cuts. #inflation #economy #FederalReserve...

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

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