Inflation Fears Grow As Producer Prices Rise To 3.5%, Clouding Fed Interest Rate Cut Hopes

Name: Inflation Fears Grow As Producer Prices Rise To 3.5%, Clouding Fed Interest Rate Cut Hopes
Uploaded: 2025-02-13T23:37:37+00:00
Duration: 46 s
Channel: Benzinga
Description: U.S. producer prices surged 3.5% year over year in January, marking the highest annual increase since February 2023. Core PPI, excluding food and energy, rose 3.6% annually, slightly easing from December’s upwardly revised 3.7%.

Benzinga

2 years ago

U.S. producer prices surged 3.5% year over year in January, marking the highest annual increase since February 2023. Core PPI, excluding food and energy, rose 3.6% annually, slightly easing from December’s upwardly revised 3.7%.