Wholesale prices post biggest surge in 3 years, PPI shows
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Investors were blindsided by July’s hot PPI inflation reading. Why stocks mostly shrugged it off.
Earlier this week, falling bond yields and growing expectations for aggressive Federal Reserve interest-rate cuts in the months ahead helped spark a rotation away from what had been working in the U.S.
If stagflation takes hold in the year’s second half, earnings estimates may fall, threatening the market’s currently lofty valuation, says one strategist. Plus, investor newsletter commentary about silver,
July PPI surged 0.9%, spiking costs across goods & services. Explore tariff impacts, market reactions, and the Fed's potential September rate cut.
July's PPI inflation report heightened worries over tariff-fueled consumer inflation and raised questions about the Fed's interest rate cut plans.
US stocks mostly stalled on Thursday as Wall Street digested a much hotter-than-expected PPI inflation print, souring optimism around a large September rate cut. July's Producer Price Index (PPI) came in well above expectations,
The threat of inflation to the U.S. economy may be looming after a Bureau of Labor Statistics report Thursday showed a jump in wholesale prices.
Producer prices jumped in July but may not translate directly into the Fed’s preferred inflation gauge, easing fears of runaway inflation. Jobless
The rate-sensitive U.S. 2 Year Treasury yield (US2Y) jumped up on Thursday, as it reacted sharply to the hotter-than-expected inflation data from the latest producer price index report.
Major U.S. stock-market indexes have mostly shrugged off Thursday's surprisingly hot PPI reading. But according to Tom Essaye, founder and president of Sevens Report Research, the data have helped to chip away at three key pillars supporting the stock-market rally.
Thursday's hot inflation report complicated Wall Street's hopes for a big rate cut in September. Odds of a half-point cut dropped to zero after the July producer price index rose way more than expected,
Producer prices in July rose faster than forecast across the board, giving investors and the Federal Reserve an inflation surprise just over a week out from Fed Chair Jay Powell's crucial Jackson Hole speech.