US Stock Futures Rise Ahead of Key Inflation Data on Nostr: US Producer Prices Rise More Than Expected in April, Driven by Strong Services ...
US Producer Prices Rise More Than Expected in April, Driven by Strong Services
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#18b8fd65 ver:0.48
US producer prices rose more than expected in April, driven by strong gains in services like portfolio management and hotel accommodation. The producer price index (PPI) increased by 0.5%, the largest rise since July 2023. In the 12 months through April, the PPI rose by 2.2%, impacting businesses and halting the Federal Reserve's plans to cut interest rates. #inflation #economy...
#newstr #UsProducerPrices #Inflation #Services #PortfolioManagement #HotelAccommodation #FederalReserve
https://here.news/story/18b8fd65?ver=0.48
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#18b8fd65 ver:0.48
US producer prices rose more than expected in April, driven by strong gains in services like portfolio management and hotel accommodation. The producer price index (PPI) increased by 0.5%, the largest rise since July 2023. In the 12 months through April, the PPI rose by 2.2%, impacting businesses and halting the Federal Reserve's plans to cut interest rates. #inflation #economy...
#newstr #UsProducerPrices #Inflation #Services #PortfolioManagement #HotelAccommodation #FederalReserve
https://here.news/story/18b8fd65?ver=0.48