US inflation still slowing as producer prices rise below expectations in December
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.
Cool wholesale inflation numbers provide only slight relief before Wednesday's release of December Consumer Price Index data.
Inflation rose faster than expected in December, but core inflation was softer than expected as the Federal Reserve weighs a ...
Wholesale-level inflation heated up further to close out 2024, a sign that price pressures are building at a time when President-elect Donald Trump threatens to unleash a substantial array of tariffs.
The Labor Department releases its producer price index for December on Tuesday. The index measures inflation at the wholesale level, before businesses pass costs on to consumers. Economists predict ...
The Labor Department reported Tuesday that its producer price index — which tracks inflation ... according to a survey of forecasters by the data firm FactSet. Wholesale prices can offer an ...
Treasury yields were down slightly Tuesday, as investors digested fresh data on U.S. wholesale inflation from the producer-price index. The yield on the 10-year Treasury note was down about one ...
US equity indexes fell in midday trading on Tuesday as investors weighed a steeper-than-expected drop in producer price inflation. The tech-heavy Nasdaq slipped 0.4% to 19,004.2, with the S&P 500 down ...
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