US Producer Prices Dip Slightly in August Ahead of Fed Decision
TL;DR Summary
Wholesale prices unexpectedly declined by 0.1% in August, providing the Federal Reserve with potential room to cut interest rates at its upcoming meeting, amid signs of easing inflation and a cautious economic outlook.
- Wholesale prices unexpectedly declined 0.1% in August, as Fed rate decision looms CNBC
- US Producer Prices Unexpectedly Drop, First Decline Since April Bloomberg
- Inflation for US producers cooled down in August CNN
- Wholesale Inflation Proved More Muted in August Barron's
- Producer Prices Fall for August The Wall Street Journal
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