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PPI report casts doubt on Bessent’s call for 50-basis-point Fed cut in September: ING
The producer-price index report released Thursday challenged Treasury Secretary Scott Bessent’s push for a 50-basis-point rate cut by the Federal Reserve in September, according to James Knightley, chief international economist at ING.
Wholesale prices increased in July at the quickest pace since February, as economists are keeping a sharp eye on inflation ...
The Federal Reserve is poised to lower interest rates in September. But signs of stickier inflation could limit how much ...
Here's what new data from the producer price index says about where inflation is headed, according to economists.
Wholesale inflation jumped to a recent high, likely pushing up the Fed’s preferred price metric.
CEOs expect inflation to slow, according to Cleveland Fed survey, but PPI jumps and PNC ups predicted interest rate cuts from ...
Kansas City Federal Reserve President Jeffrey Schmid said he favors keeping interest rates at current levels to prevent ...
Year-over-year, used vehicle prices rose by 4.8%, the seventh month in a row of year-over-year increases, and the biggest one ...
US stock futures wavered amid increasing expectations that the Federal Reserve will cut interest rates at its next meeting, ...
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