Lessons Learned from the Last Four Years of Managing Inflation on Nostr: US Wholesale Prices Ease in May, Indicating Inflationary Pressure Relief ...
US Wholesale Prices Ease in May, Indicating Inflationary Pressure Relief
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#f9660aca ver:0.74
US wholesale prices ease in May, with the producer price index declining 0.2%. Gasoline prices plunged 7.1% and food prices dropped 0.1%. Core producer prices were unchanged. The decline suggests inflationary pressure relief, potentially leading to interest rate cuts. The US economy remains resilient, with low unemployment and upgraded growth forecast. Inflation in May also eased, with consumer prices rising 0.2% and core prices climbing 3.4%. This could move the Federal Reserve closer to cutting interest rates. Overall inflation slowed, with prices unchanged and rising 3.3% from a year earlier. #Inflation #Economy #InterestRates...
#newstr #WholesalePriceRises #Inflation #FederalReserve #InterestRates #ConsumerInflation #ProducerPriceIndex
https://here.news/story/f9660aca?ver=0.74
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#f9660aca ver:0.74
US wholesale prices ease in May, with the producer price index declining 0.2%. Gasoline prices plunged 7.1% and food prices dropped 0.1%. Core producer prices were unchanged. The decline suggests inflationary pressure relief, potentially leading to interest rate cuts. The US economy remains resilient, with low unemployment and upgraded growth forecast. Inflation in May also eased, with consumer prices rising 0.2% and core prices climbing 3.4%. This could move the Federal Reserve closer to cutting interest rates. Overall inflation slowed, with prices unchanged and rising 3.3% from a year earlier. #Inflation #Economy #InterestRates...
#newstr #WholesalePriceRises #Inflation #FederalReserve #InterestRates #ConsumerInflation #ProducerPriceIndex
https://here.news/story/f9660aca?ver=0.74