by: xpoolPosted on:

U.S. Wholesale Prices Surge, Raising Inflation Fears for Economy

U.S. wholesale prices saw a significant jump in July, fueling worries about inflation. The Producer Price Index (PPI) climbed 0.9% in July, with service inflation and tariff pressures identified as key drivers of the increase. This unexpected surge raises questions about the Federal Reserve’s next move on interest rates. Market volatility surged as traders adjusted their strategies following the data release.

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