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Producer Prices Slow More Than Expected In July, Bolster Fed Rate Cut Wagers
Tuesday, August 13, 2024 - 8:40am | 484Read More...After an unexpected uptick in June, July’s Producer Price Index (PPI) posted a welcome decline Tuesday, reinforcing the broader disinflationary momentum in the U.S. economy and adding weight to the case for imminent rate cuts. On an annual basis compared to July 2023, the overall producer...
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June Producer Inflation Exceeds Forecasts, Restrains Investor Euphoria Following Consumer Price Relief
Friday, July 12, 2024 - 8:45am | 441Read More...The Producer Price Index released Friday revealed a higher-than-expected increase in June, surprising investors who had grown confident about interest rate cuts following the sharper-than-anticipated drop in the monthly Consumer Price Index inflation gauge released a day earlier. On an annual basis...
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Producer Inflation Tops Forecasts In February, Signals Anxiety Over Price Pressure Resurgence (UPDATED)
Thursday, March 14, 2024 - 8:56am | 489Read More...Editor’s Note: This article has been updated to include new information on price changes for specific items such as diesel fuel and chicken eggs, alongside hay and hayseeds prices. Producer prices in the United States rose more than expected in February, echoing a similar trend observed the...
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Hotter-Than-Expected PPI Doesn't Deter Bulls: Yields Fall As Economists Spot Inconsistencies
Wednesday, October 11, 2023 - 10:53am | 502Read More...The Producer Price Index (PPI) has once again defied expectations by surging upwards. The trajectory signals a resurgence in price pressures and further fuels the ongoing battle against inflation through interest rate hikes. Surprisingly, initial market reactions suggest that investors are not...
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5 Commodity ETFs To Watch When PPI Inflation Data Drops Wednesday
Tuesday, June 13, 2023 - 2:16pm | 1049Read More...Producer Price Index (PPI) inflation data for May, to be released on Wednesday, June 14, will set the stage for the highly anticipated Federal Reserve meeting where interest rates will be determined. The market’s expectations of the Fed’s rate hikes coming to an end were solidified...
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2015 Rate Hike Beginning To Look Doubtful
Thursday, October 15, 2015 - 2:11pm | 367Read More...Earlier this year, the U.S. Federal Reserve said it was expecting to increase interest rates before the end of 2015. However, as the year draws to a close, many analysts are beginning to push their predictions for a rate hike into next year. Economic data from the United States has been soft...
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Australian Q3 Producer Prices Rise 0.6%
Monday, October 24, 2011 - 5:03am | 28Read More...According to the Australian Bureau of Statistics, Australian producer prices surged 0.6% in the third quarter of 2011, versus the second quarter. On an annual basis, Australian producer prices climbed 2.7%.
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Inflation Well Below Targets
Tuesday, November 16, 2010 - 9:34am | 78Read More...The Producer Price Index was just released and inflation is nowhere to be found, at least in the month of October. PPI came in at 0.4%, versus expectations of 1.0%. Core PPI, which strips out food and energy, was negative, showing a drop of 0.6%. Expectations were for a rise of 0.1%. Stock market...
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Futures Seam To Be Holding Ground With Apple's Most Profitable Quarter Ever
Tuesday, October 20, 2009 - 9:42am | 85Read More...Today, Futures seam to be holding ground as housing starts perform poorly at +0.5% to 590,000 against last month's 598,000. This has been due to unexpected rise in producer prices, fueled by Q3 earnings reports that continue to influence the market towards the north. We are expecting Nasdaq to...
