Trade services push up PPI, Fed officials dispel expectations of a 50 basis point rate cut in September
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最新报道：According to Bijie.com, the PPI rose 0.9% month-over-month in July, the largest increase since 2023, primarily driven by trade services, exacerbating concerns about tariff-related inflation. Unemployment benefit applications indicate a resilient labor market, and the probability of a 50 basis point interest rate cut in September has fallen to zero. Federal Reserve officials oppose excessive easing, preferring a gradual approach. Trump downplayed the possibility of an immediate ceasefire before his meeting with Putin on Friday, shifting the focus to future talks.
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