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Leading cryptocurrencies dived on Thursday after hotter-than-expected wholesale inflation tempered risk appetite.
July headline PPI reading rose 0.9% month-over-month. This was more than 4X the increase economists were expecting. The "core ...
7hon MSN
Investors were blindsided by July’s hot PPI inflation reading. Why stocks mostly shrugged it off.
Earlier this week, falling bond yields and growing expectations for aggressive Federal Reserve interest-rate cuts in the ...
The producer price index (PPI) for final demand rose 0.9% month-over-month after a flat reading in June. Core PPI, which ...
US stocks mostly stalled on Thursday as Wall Street digested a much hotter-than-expected PPI inflation print, souring ...
The cost of wholesale goods and services — where rising inflation tends to show up first — in July posted the biggest ...
Producer prices increased by the most in three years in July, suggesting a broad pickup in inflation was imminent. "This is a ...
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24/7 Wall St. on MSNInflation Is Back, Time to Worry
The Producer Price Index surged in July, in part due to tariffs. Consumers could face sharp inflation again toward the end of ...
Chicago Fed's Austan Goolsbee says rising producer prices and sticky services inflation raise concerns about tariff-driven ...
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Amazon S3 on MSNBitcoin Rally Stalls Amid Trump/Putin Meeting Tension and Inflation Concerns
Bitcoin’s recent rally has come to a stall after hotter-than-expected PPI inflation data and Treasury Secretary Scott Bessent’s flip-flop on the U.S. government’s BTC purchases. With tension rising ...
The reality is that consumer inflation (the kind regular schmoes like us feel) was pretty mild. Certain items are getting more expensive, like housing and meat, while others, like gasoline, have ...
Wholesale inflation surged 0.9% in July, dashing Fed rate cut hopes. Traders brace for higher yields as services lead price ...
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