US producer prices dip in August, fueling Fed rate-cut hopes
[Hallmark - Nigeria] - 10/09/2025
United States wholesale inflation eased in August, strengthening expectations that the Federal Reserve will cut interest rates this month. Producer prices fell 0.1% last month, pulling annual inflation down to 2.6% from 3.1% in July, according to Bureau of Labor Statistics data. Economists had (…)
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