The Bureau of Labor Statistics showed that its producer price index (PPI) rose 3.3% from the year prior, up from 3% in ...
There are growing concerns about the stickiness of inflation and fears that the Federal Reserve may have to keep interest rates restrictively high for longer.
Producer prices rose less than expected in Dec, easing Fed's inflation concerns and providing relief to markets. Core PPI ...
A subdued December producer-price index reading Tuesday morning brought a modicum of relief to investors stressed out over the prospect of a re-acceleration of inflation, but it's the December ...