(CNN) — US inflation cooled off at the wholesale level in August, bolstering hopes that high tariffs aren’t yet causing prices to spiral out of control, fresh data showed Wednesday. However, ...
(CNN) — US inflation cooled off at the wholesale level as businesses’ margins took a big hit in August, new data showed Wednesday. Producer prices unexpectedly fell 0.1% in August, cooling annual ...
WASHINGTON — U.S. producer prices fell unexpectedly last month, dropping 0.1% from July. The Labor Department reported Wednesday that its producer price index — which captures inflation in the supply ...
Wholesale inflation unexpectedly fell in August, with prices declining for the first time in four months. The producer price index for final demand dropped 0.1% month-over-month after a downwardly ...
Wholesale prices unexpectedly fell in August as businesses ate the bulk of Trump’s tariff costs, teeing up the Federal Reserve to slash interest rates next week. The Producer Price Index, which ...
This article originally appeared on Moneywise.com under the title: Chamath Palihapitiya says ‘tariffs don’t create inflation, ...
Financial-market investors on Wednesday were cheering a softer-than-expected August wholesale inflation report as a green light for an interest-rate cut by the Federal Reserve next week. But with core ...