Wholesale prices post biggest surge in 3 years, PPI shows
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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.
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.
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.
Wholesale inflation surged 0.9% in July, dashing Fed rate cut hopes. Traders brace for higher yields as services lead price pressure gains.
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,
PPI surges in July due to Trump's tariffs, impacting small caps more than large caps. Consider SPY, IJS, RZV and sector hedges like XLE for investing.