Producer prices rose less than expected in December, encouraging investors
US inflation still slowing as producer prices rise below expectations in December
US Producer Inflation Cooler Than Expected In December
US producer inflation rose less than analysts expected in December, according to government data released Tuesday, on the back of cooler food costs.
US producer prices rose 0.2% last month on higher energy costs
U.S. wholesale inflation rose last month on higher energy prices. The Labor Department reported Tuesday that its producer price index — which tracks inflation before it hits consumers — rose 0.2% last month from November,
Wall St set for higher open after softer-than-expected producer price data
Wall Street's main indexes were on track to open higher on Tuesday, as investors assessed softer-than-expected producer inflation to gauge the Federal Reserve's monetary policy trajectory this year. A Labor Department report showed the producer price index rose 3.
Inflation rose to 3.3% in December in producer price index
Inflation, as measured by the producer price index, rose three-tenths of a percentage point to 3.3% for the year ending in December, hinting that the economy may not yet have vanquished price pressures.
Next Week: Producer prices, consumer prices, retail sales
The Labor Department releases its producer price index for December on Tuesday. The index measures inflation at the wholesale level, before businesses pass costs on to consumers. Economists predict that wholesale prices rose at a higher pace last month than in November.
Treasuries Close Modestly Higher As Producer Prices Rise Less Than Expected
After moving to the upside early in the session, treasuries showed a lack of direction over the course of the trading day on Tuesday.
US producer prices up marginally as services partly offset higher goods costs
U.S. producer prices rose less than expected in December as higher costs for goods were partially offset by stable services prices, suggesting inflation remained on a downward trend. The moderation in
Stock Market Today: Stocks Are Mixed Ahead of CPI
Cool wholesale inflation numbers provide only slight relief before Wednesday's release of December Consumer Price Index data.
US producer prices rise moderately in December
The producer price index for final demand rose 0.2% last month after an unrevised 0.4% advance in November, the Labor Department's Bureau of Labor Statistics said on Tuesday.
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U.S. Producer Prices Stall Amid Inflation Concerns
U.S. producer prices experienced a slowdown in December, following a lesser-than-expected rise. While this indicates a downward inflation trend, the Federal Reserve is unlikely to cut interest rates soon.
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Capital One sued by US watchdog alleging bank cheated customers out of $2 billion
A U.S. watchdog is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts — and “cheating” customers out of more than $2
Blinken will make a case for post-war reconstruction and governance of Gaza
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