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US Stock Futures Rise Ahead of Key Inflation Data /
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2024-05-16 16:57:51

US Stock Futures Rise Ahead of Key Inflation Data on Nostr: US Producer and Import/Export Prices Rise More Than Expected in April, Indicating ...

US Producer and Import/Export Prices Rise More Than Expected in April, Indicating Elevated Inflation
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#18b8fd65 ver:0.51

US producer and import/export prices rise more than expected in April, indicating elevated inflation. Producer price index (PPI) for final demand rose 0.5%, driven by gains in services. PPI increased 2.2% in the 12 months through April. Import prices rose 0.9%, export prices rose 0.5%. Inflation persists in the US economy, impacting businesses and delaying Fed rate cuts. #inflation #economy #PPI...

#newstr #Inflation #ProducerPrices #ConsumerPrices #GovernmentIntervention #FreeMarket

https://here.news/story/18b8fd65?ver=0.51
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