US inflation still slowing as producer prices rise below expectations in December
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 after progress had stalled in recent months.
Investors are gearing up for December's crucial consumer price index to determine the direction of Fed policy.
Crude oil prices rallied sharply following the release of better-than-expected US CPI data, fueled by optimism about ...
The producer price index, which measures the costs of goods traded between companies, rose 2.3% from the previous year to 122 ...
US stocks gained after cooler-than-expected producer price index data soothed inflation concerns. The numbers on Tuesday ...
A gauge of wholesale inflation rose 0.2% in December from November, a softer reading than economists expected and a slowdown ...
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
Investors are weighing what a reported gradual rollout of Trump tariff hikes could mean for inflation and the Fed.
U.S. Treasury yields fell on Tuesday following modest increases in producer prices, while investors awaited key consumer ...
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