Wholesale prices pop and point to persistent inflation pressures in guts of the U.S. economy

Wholesale prices rose sharply in January, in another sign of lingering inflationary pressures in the economy that will keep high U.S. interest rates from falling much anytime soon.

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Wholesale prices rise 0.4% in January, higher than expected

The producer price index jumped 0.4% in January, a mark that's higher than expected and possibly another indicator that progress against inflation has stalled. CBS News MoneyWatch correspondent ...
CBS News - 28m
Producer prices report points to softer Fed inflation measure than feared

The producer price index was expected to increase 0.3% in January, according to the Dow Jones consensus forecast.
CNBC - 1h
Wholesale prices jump to a 3.5 percent annual increase

Wholesale prices moved up 0.4 percent in January to hit a 3.5-percent annual increase, undergirding consumer inflation that broke 3 percent last month for the first time since the second quarter of ...
The Hill - 1h
Bank of America CEO on inflation impact on U.S. economy: ‘Rates are going to stay where they are’

The Bureau of Labor Statistics reported hotter-than-expected growth in the U.S. consumer price index, forcing markets to recalibrate rate expectations.
CNBC - 21h
Bank of America CEO on inflation impact on U.S. economy: 'Rates are going to stay where they are'

Bank of America CEO Brian Moynihan said Wednesday that strong consumer spending so far this year means the Federal Reserve will probably hold off on cutting its benchmark interest rate.
NBC News - 21h
Inflation heats up, adding pressure on Trump over vow to lower prices

Price growth sped up unexpectedly in January, posing an early challenge to President Donald Trump's economic agenda.
NBC News - 1d
January consumer price index report shows a rise in inflation and prices

New numbers from the January consumer price index report show a rise in gas, eggs and coffee prices. NBC News’ Brian Cheung and Investopedia’s Editor-in-Chief Caleb Silver break down the inflation ...
NBC News - 1d
Wholesale egg prices have 'blown way past' record highs, analyst says

Wholesale egg prices are on the rise amid a bird flu outbreak.
CNBC - 2d
U.S. hiring slowed in January, what this means for the economy

U.S. job growth in January was weaker than expected according to the latest Bureau of Labor Statistics data. CBS News MoneyWatch correspondent Kelly O'Grady explains what this means.
CBS News - 5d

Wholesale prices pop and point to persistent inflation pressures in guts of the U.S. economy

Topics

Related

Wholesale prices rise 0.4% in January, higher than expected

Producer prices report points to softer Fed inflation measure than feared

Wholesale prices jump to a 3.5 percent annual increase

Bank of America CEO on inflation impact on U.S. economy: ‘Rates are going to stay where they are’

Bank of America CEO on inflation impact on U.S. economy: 'Rates are going to stay where they are'

Inflation heats up, adding pressure on Trump over vow to lower prices

January consumer price index report shows a rise in inflation and prices

Wholesale egg prices have 'blown way past' record highs, analyst says

U.S. hiring slowed in January, what this means for the economy

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