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Wholesale inflation rises by strongest increase in 3 months

Wholesale inflation in August saw its strongest increase in three months, largely driven by higher energy costs – as the Federal Reserve weighs whether to raise interest rates next week to stem rising prices.

Sources (1)· Sep 10, 12:45 PM

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New York Post· Sep 10, 12:45 PMWholesale inflation rises by strongest increase in 3 months

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Inflation report lands amid spiking oil prices, rising interest rates and Fed on fenceFriday’s inflation report is shaping up to be among the most consequential in years. Oil and gas prices have spiked again on the back of renewed combat in the Middle East. The Federal Reserve is considering whether to lift its short-term interest rate next week, with some officials saying Friday’s report could swing them either way. And longer-term…

The Atlanta Journal-Constitution27d agoWhole story →

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Planet inflation report release

Inflation stayed hot in August, as CPI rose at an annual rate of 3.4% - higher than economists expectedThe report comes at a pivotal moment for the Federal Reserve, which is scheduled to meet next week to decide whether to hike interest rates.

CBS News27d agoWhole story →

Economy inflation report release

The Fed's Preferred Inflation Gauge Was Cooler And Private Payrolls Beat Expectations. Stocks Were Mixed.Odds of a rate hike by the Federal Reserve decreased significantly after the personal consumption expenditures price index figures were released.

International Business Times7d agoWhole story →

Economy inflation report release

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