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.
July PPI surged 0.9%, spiking costs across goods & services. Explore tariff impacts, market reactions, and the Fed's potential September rate cut.
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'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.
The producer-price index is volatile and often overshadowed by consumer price trends, but analysts were paying attention Thursday after a hot number. An earlier inflation report this week showed that
The headline PPI reading rose 0.9% month-over-month. This was more than 4X the increase economists were expecting. Read more
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.
Producer prices jumped in July but may not translate directly into the Fed’s preferred inflation gauge, easing fears of runaway inflation. Jobless
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.