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.
The U.S. bond market has been gripped in a broad selloff since the Federal Reserve cut interest rates in September 2024, and ...
December's Producer Price Index (PPI) — which tracks companies' price changes — rose by 3.3% year-over-year, below ...
He noted that the components of the PPI report that feed into the Fed's preferred inflation gauge, the personal consumption expenditures price index, were mixed, with a large swing higher in ...
Consumer spending will play a large role in the economy in 2025, driven by employment growth, wage gains in excess of ...
US wholesale inflation unexpectedly cooled in December, helped by a drop in food costs and flat services prices that may help ...
Some economists are now contemplating what was previously unthinkable — and they are focused on the personal-consumption ...
Trade restrictions could complicate the Federal Reserve’s goal of balancing inflation and low unemployment, according to an ...
U.S. producer prices rose less than expected in December as higher costs for goods were partially offset by stable services ...
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