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Wall Street Poised To Open Higher After S&P 500's 4-Day Run: 'Sounds Like Powell Is Expecting More Frequent Bouts Of Stagflation,' Cautions Expert (CORRECTED)
Friday, May 16, 2025 - 8:13am | 1758Editor’s Note: This article has been updated to reflect the correct 2-year Treasury bond yield of 3.95%. U.S. stock futures advanced on Friday after a mixed close on Thursday. Futures of major benchmark indices were trading higher in premarket. The S&P 500 index recorded its fourth day of...
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Latest Inflation Data Excludes Tariffs, Trump Policy Changes: 2025 Will Be 'Much More Volatile Year,' Economist Says
Thursday, March 13, 2025 - 11:29am | 587All of February's factory cost inflation measures came in lower-than-expected in the Producer Price Index report released Thursday. Economists are weighing in on what it could mean for the U.S. economy going forward. What To Know: The weaker-than-expected producer inflation report follows...
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Producer Price Inflation Rises Less Than Expected, Offers Opportunity For Market Rebound
Tuesday, January 14, 2025 - 9:45am | 578Producer prices rose less than anticipated in December, offering a potential reprieve for the Federal Reserve as it aims to bring inflation under control without derailing economic growth. The data, released by the Bureau of Labor Statistics on Tuesday, showed the Producer Price Index rising 3.3%...
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Producer Inflation Rises More Than Expected To 3% In November: All Eyes On The Fed's Interest Rate Call
Thursday, December 12, 2024 - 9:48am | 518The inflation measured on U.S. producer prices rose more sharply than anticipated in November, marking its second consecutive increase and casting a shadow over the broader outlook for disinflation in the economy. In November, the producer price index increased by 3% year-over-year — the highest...
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Producer Inflation Rises More Than Expected In October: Should Traders Rethink Interest Rate Cut Path?
Thursday, November 14, 2024 - 9:41am | 430Producer inflation in October came slightly higher than anticipated Thursday, casting doubts on whether the U.S. economy's broader disinflationary trend will hold through the year’s final quarter. Compared to October 2023, the Producer Price Index (PPI) surged to 2.4% last month, up from...
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Producer Inflation Rises More Than Expected In September As Food, Transportation Costs Jump
Friday, October 11, 2024 - 8:44am | 547Price pressures on U.S. producers jumped unexpectedly in September, mirroring a similar trend observed in consumer inflation data reported a day earlier. The Producer Price Index (PPI) rose more sharply than anticipated in September, and the August reading was upwardly revised. Core producer prices...
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Producer Inflation Slows To 1.7% Yearly In August, Jobless Claims Align With Expectations
Thursday, September 12, 2024 - 8:44am | 387Price pressures faced by U.S. producers eased in August, marking the slowest year-over-year increase since February in data released Thursday. The headline Producer Price Index (PPI) showed sharper-than-anticipated deceleration, while core inflation remained stable. The report mirrored the...
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August Producer Prices May Undermine Rate-Cut Hopes Even More Than Consumer Inflation — Here's Why
Wednesday, September 11, 2024 - 4:11pm | 587The August Consumer Price Index (CPI) report dealt a sharp blow to hopes of swift and aggressive monetary easing by the Federal Reserve. Speculators who were eyeing steep interest rate cuts may need to temper their optimism as the Federal Open Market Committee (FOMC) meeting on Sept. 18 approaches...
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USD/JPY Sees Retreat Amid US Dollar Weakness
Wednesday, August 14, 2024 - 10:38am | 464By RoboForex Analytical Department USD/JPY has retreated from its peak this week, settling at 146.82. The yen gained some strength as the US dollar weakened following July's lacklustre US Producer Price Index (PPI) data. This report bolstered market expectations for a potential 50 basis point...
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Pay Attention: Inflation Headline Is Misleading, Home Depot Earnings Show Consumer Weakness
Tuesday, August 13, 2024 - 11:09am | 1294To gain an edge, this is what you need to know today. Misleading Headline Please click here for an enlarged chart of Home Depot Inc (NYSE:HD). Note the following: This article is about the big picture, not an individual stock. The chart of HD stock is being used to illustrate the point....
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Producer Prices Slow More Than Expected In July, Bolster Fed Rate Cut Wagers
Tuesday, August 13, 2024 - 8:40am | 484After an unexpected uptick in June, July’s Producer Price Index (PPI) posted a welcome decline Tuesday, reinforcing the broader disinflationary momentum in the U.S. economy and adding weight to the case for imminent rate cuts. On an annual basis compared to July 2023, the overall producer...
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June Producer Inflation Exceeds Forecasts, Restrains Investor Euphoria Following Consumer Price Relief
Friday, July 12, 2024 - 8:45am | 441The Producer Price Index released Friday revealed a higher-than-expected increase in June, surprising investors who had grown confident about interest rate cuts following the sharper-than-anticipated drop in the monthly Consumer Price Index inflation gauge released a day earlier. On an annual basis...
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Could June Producer Inflation Data Dampen Market Enthusiasm For Rate-Cut Winners? 5 ETFs To Watch Friday
Thursday, July 11, 2024 - 4:32pm | 449The larger-than-expected drop in the June Consumer Price Index inflation rate has fueled market expectations for interest rate cuts by the Federal Reserve. Investors no longer seem to have doubts and are assigning a 91% implied probability that rate cuts will begin as early as September 2024. The...
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Stocks Turn To Losses, Bonds Rally On Falling Producer Prices, Rising Jobless Claims: What's Driving Markets Thursday?
Thursday, June 13, 2024 - 1:31pm | 968Wall Street experienced a rude awakening the day after the Federal Reserve’s June policy meeting, as investors sold off risky assets and shifted to safer bonds and cash in response to the latest batch economic data. Although May’s producer inflation was lower than expected, reinforcing...
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Extremely Positive Sentiment On Lower PPI, Higher Jobless Claims, Musk Claim, And Broadcom Split
Thursday, June 13, 2024 - 11:31am | 1636To gain an edge, this is what you need to know today. Lower PPI Please click here for an enlarged chart of SPDR S&P 500 ETF Trust (ARCA:SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows that the stock market took another leg up on...