US Producer Inflation Eases in August, Signaling Softening Demand
TL;DR Summary
US producer prices unexpectedly fell in August, indicating softening demand and potential absorption of tariffs by domestic businesses, which could lead the Federal Reserve to cut interest rates next week.
- US producer inflation cooler in August; hints at softening demand Reuters
- 5 takeaways from the producer price inflation report with another key reading on tap CNBC
- Wholesale inflation cooled in August as businesses absorb tariff costs — for now CNN
- US wholesale prices declined unexpectedly in August Financial Times
- US supply chain prices unexpectedly fell 0.1% in August AP News
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