US rate cut coming despite PPI surprise

11 September 2019

 

Around the end of 2018, the annual rate of prices received by producers began a downtrend which then continued through 2019. The latest figures may indicate this trend has finished, although more data is required before a firm conclusion can be reached.  The latest figures from August have been published by the Bureau of Labor Statistics and they indicate producer prices increased by 0.1% after seasonal adjustments. The result was...

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