CandleFocus US PPI Cools To 1.7%, Is Fed's 1.25% Rate Cut Plan Still On Table?
2024-09-13
Author: Content Editor
The US PPI inflation increased by 0.2% in August, according to data from the Bureau of Labor Statistics. This matches the estimate given by Dow Jones before the release of the data. The increase in inflation comes as speculation grows about a potential rate cut by the Federal Reserve.
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