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US wholesale inflation accelerated in November in sign that some price pressures remain elevatedInflation in consumer prices has plummeted from a four-decade high 9.1% in June 2022. Yet despite having reached relatively low levels, it has so far remained persistently above the Fed’s 2% target.
US wholesale inflation unexpectedly accelerated in November as a surge in egg prices masked more mild costs elsewhere. The producer price index for final demand rose 0.4% from a month earlier ...
US wholesale inflation unexpectedly accelerated in November on a surge in egg prices, while other categories suggested a muted increase in the Federal Reserve’s preferred price gauge. The producer ...
The yen pulled away from a two-week low versus the U.S. dollar on Wednesday after data showed Japanese wholesale inflation accelerated, supporting the case for a Bank of Japan interest-rate hike ...
WASHINGTON, Dec 12 (Reuters) - U.S. producer prices increased by the most in five months in November, but easing costs of services such as portfolio management fees and airline fares offered hope ...
4 percent on Thursday after US wholesale inflation unexpectedly accelerated in November. Separately, applications for jobless benefits rose last week to a two-month high. Gold is still set to ...
Wall Street stocks tumbled and the dollar rallied Wednesday after the Federal Reserve lowered borrowing rates again but projected fewer 2025 interest rate cuts in light of lingering inflation ...
US Wholesale Inflation Accelerated in November in Sign That Some Price Pressures Remain Elevated WASHINGTON (AP) — Wholesale costs in the United States picked up sharply last month, signaling ...
US wholesale inflation accelerated in November in sign that some price pressures remain elevated By: Paul Wiseman, The Associated Press Posted: 7:40 AM CST Thursday, Dec. 12, 2024 Last Modified: 8 ...
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