US PPI unexpectedly falls in August, bolstering case for Fed rate cut
-
最新报道：According to Bijie.com, the U.S. Producer Price Index unexpectedly fell in August, the first decline in four months, further strengthening the case for the Federal Reserve to cut interest rates. A report released by the Bureau of Labor Statistics on Wednesday showed that the Producer Price Index (PPI) fell 0.1% month-over-month, with July's data revised downward. Year-over-year, the PPI rose 2.6%. The report showed that businesses avoided significant price increases last month despite higher costs due to Trump's tariffs. While the decline followed a sharp increase in July, many businesses were concerned that significant price increases could scare off customers amid ongoing economic uncertainty. Prices for goods excluding food and energy rose 0.3%, while the cost of services fell 0.2%. In the services sector, profit margins for wholesalers and retailers fell 1.7%, the largest drop in over a year. Profit margins have fluctuated significantly from month to month this year, highlighting the uncertainty surrounding the impact of trade policy on prices and demand.
下一篇
Currently, Bitcoin price fluctuations are still mainly driven by transactions on centralized exchanges.
- According to a chart published by @AxelAdlerJr, the seven-day average trading volume on ce...
24小时热点
热点专题
417252