Inflation is still here, and not until Biden leaves can we believe any of their reports. Dr Matt Will joins Tony Katz to discuss this and Trump's ERS. #PPI, #ERS, #ExternalRevenueService, #Tariffs, #Inflation,

The Producer Price Index for final demand edged up 0.2% in December, seasonally adjusted, the U.S. Bureau of Labor Statistics

There are growing concerns about the stickiness of inflation and fears that the Federal Reserve may have to keep interest rates restrictively high for longer.

It is the first of a pair of highly anticipated inflation reports this week, with markets on edge and traders betting on little-to-no easing by the Federal Reserve in 2025. The producer price index rose by 0.

The Producer Price Index for final demand advanced 0.2 percent in December, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices rose 0.4 percent in November and 0.

The producer price index for final demand rose 0.2% last month after an unrevised 0.4% advance in November, the Labor Department's Bureau of Labor Statistics said on Tuesday.

Learn about the latest Producer Price Index data for December 2024, showing a % increase from the previous month and meeting consensus expectations.

U.S. producer prices rose less than expected in December as higher costs for goods were partially offset by stable services prices, suggesting inflation remained on a downward trend after progress had stalled in recent months.

Stock futures jumped after Wall Street finally got an encouraging update on inflation. The producer price index rose 0.2% in December on a monthly basis, the Bureau of Labor Statistics said Tuesday. Economists polled by FactSet were forecasting a 0.

Producer prices rose less than expected in Dec, easing Fed's inflation concerns and providing relief to markets. Core PPI also flattened.

On Wednesday, the price of bitcoin continued rising, surging to over $99,000 as it looked poised to return to the $100,000 mark, driven by new inflation data. Minutes after the U.S. Bureau of Labor Statistics unveiled new data from the Consumer Price Index, bitcoin’s price jumped by $1,500, representing a 2% price improvement for the day.

Cool wholesale inflation numbers provide only slight relief before Wednesday's release of December Consumer Price Index data.