Lessons Learned from the Last Four Years of Managing Inflation on Nostr: US Wholesale Prices See Biggest Drop Since October, Indicating Easing Inflation ...
US Wholesale Prices See Biggest Drop Since October, Indicating Easing Inflation Pressures
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#f9660aca ver:0.73
US wholesale prices see biggest drop since October, indicating easing inflation pressures. Wholesale price index declined 0.2% in May, with gasoline prices plunging 7.1% and food prices dropping 0.1%. Core producer prices were unchanged from April. The decline in prices may lead to a rate cut by the Federal Reserve in September. US economy remains resilient with low unemployment. Inflation in May eased for a second straight month, with consumer prices rising 0.2%. Core prices climbed 3.4% from a year earlier, making rate cuts more likely. Overall inflation also slowed, with prices rising 3.3% from a year earlier. #inflation #economy #interestrates...
#newstr #WholesalePrices #Inflation #FederalReserve #InterestRates
https://here.news/story/f9660aca?ver=0.73
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#f9660aca ver:0.73
US wholesale prices see biggest drop since October, indicating easing inflation pressures. Wholesale price index declined 0.2% in May, with gasoline prices plunging 7.1% and food prices dropping 0.1%. Core producer prices were unchanged from April. The decline in prices may lead to a rate cut by the Federal Reserve in September. US economy remains resilient with low unemployment. Inflation in May eased for a second straight month, with consumer prices rising 0.2%. Core prices climbed 3.4% from a year earlier, making rate cuts more likely. Overall inflation also slowed, with prices rising 3.3% from a year earlier. #inflation #economy #interestrates...
#newstr #WholesalePrices #Inflation #FederalReserve #InterestRates
https://here.news/story/f9660aca?ver=0.73