_hotter-than-expected-prices-raise-rate-cut-doubts-as-prices-rise-over-2-in-april.jpg "Hotter-than-Expected Prices Raise Rate Cut Doubts as Prices Rise Over 2% in April from over confidence Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:41
👁 View: 1.2M times
✓ Published: 15-May-2024
👁 View: 1.2M times
✓ Published: 15-May-2024
Description:
The Producer Price Index, which measures wholesale prices, rose 0.5% in April, more than the expected increase of 0.3%. Core PPI, which excludes volatile food and energy prices, also increased by 0.5% compared to an estimated 0.2%. On a yearly basis, wholesale inflation rose over 2% in April, the biggest gain in a year. Services prices drove much of the wholesale inflation, and portfolio management costs increased sharply. Energy prices rose led by a jump in gasoline costs, while food prices declined. Hotter-than-expected inflation raises doubts about the Fed's ability to cut rates soon to achieve its 2% target.
The Producer Price Index, which measures wholesale prices, rose 0.5% in April, more than the expected increase of 0.3%. Core PPI, which excludes volatile food and energy prices, also increased by 0.5% compared to an estimated 0.2%. On a yearly basis, wholesale inflation rose over 2% in April, the biggest gain in a year. Services prices drove much of the wholesale inflation, and portfolio management costs increased sharply. Energy prices rose led by a jump in gasoline costs, while food prices declined. Hotter-than-expected inflation raises doubts about the Fed's ability to cut rates soon to achieve its 2% target.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_confident-vs-arrogant-l-how-to-be-confident-without-being-cocky.webp "We Grow People")
_narendra-modi39s-to-remain-pm-till-rajnath-singh-spills-the-beans-on-pm-modi39s-future-plans.webp "Union Defence Minister Rajnath Singh refutes opposition's claims on PM Modi's tenure, asserting PM Modi will lead in 2024 and 2029. Dismissing reservations about reservation, Singh emphasizes continuity in the existing reservation system. Accusing the opposition of misleading tactics, he blames Congress and allies for eroding political credibility. Singh reaffirms BJP's confidence in PM Modi's leadership for future terms. <br/> <br/>#RajnathSingh #PMModi #ArvindKejriwal #PMModi #BJP #Politics #LokSabhaElections #Oneindia #Oneindianews <br/>~HT.99~PR.152~ED.101~")
⏲ 6:2 👁 1.4M
_15-signs-you39re-an-alpha-male.webp "Alux.com")
_one-small-word-can-turn-your-life-around-124-the-true-power-of-9234no9234-124-stoic.webp "Mind over Body")
⏲ 1 hour 38 minutes 20 seconds 👁 150
_how-to-be-self-confident-without-being-arrogant-124-dialogue-with-a-monk-124-gaur-gopal-das.webp "Gaur Gopal Das")
⏲ 7 minutes 55 seconds 👁 1.9M
_why-you-think-you39re-right-even-if-you39re-wrong-124-julia-galef.webp "TED")
_khudsar-episode-24-124-16-may-2024-124-ary-digital-drama.webp "Watch all the episode of Khudsar here: https://bit.ly/3Q8XV4V<br/><br/>Khudsar Episode 24 | 16 May 2024| Zubab Rana | Sehar Afzal | ARY Digital Drama<br/><br/>Having confidence in yourself is a great quality to have but putting other people down because of it turns you into a narcissist…<br/><br/>Director: Syed Faisal Bukhari & Syed Ali Bukhari <br/>Writer: Asma Sayani<br/><br/>Cast: <br/>Zubab Rana,<br/>Sehar Afzal, <br/>Humayoun Ashraf, <br/>Rizwan Ali Jaffri, <br/>Arslan Khan, <br/>Imran Aslam and others.<br/><br/>Watch Khudsar Monday to Friday at 9:00 PM<br/><br/>#khudsar #Zubabrana#HamayounAshraf #ARYDigital #SeharAfzal<br/><br/>Pakistani Drama Industry's biggest Platform, ARY Digital, is the Hub of exceptional and uninterrupted entertainment. You can watch quality dramas with relatable stories, Original Sound Tracks, Telefilms, and a lot more impressive content in HD. Subscribe to the YouTube channel of ARY Digital to be entertained by the content you always wanted to watch.<br/><br/>Join ARY Digital on Whatsapphttps://bit.ly/3LnAbHU")
_mentally-physically-emotionally-tired-but-i-wont-quit-best-motivational-video-speech.webp "Absolute Motivation")
⏲ 9 minutes 38 seconds 👁 811
_confident-vs-arrogant-l-how-to-be-confident-without-being-cocky.jpg)
_narendra-modi39s-to-remain-pm-till-rajnath-singh-spills-the-beans-on-pm-modi39s-future-plans.jpg)
_15-signs-you39re-an-alpha-male.jpg)
_one-small-word-can-turn-your-life-around-124-the-true-power-of-9234no9234-124-stoic.jpg)
_how-to-be-self-confident-without-being-arrogant-124-dialogue-with-a-monk-124-gaur-gopal-das.jpg)
_why-you-think-you39re-right-even-if-you39re-wrong-124-julia-galef.jpg)
_khudsar-episode-24-124-16-may-2024-124-ary-digital-drama.jpg)
_mentally-physically-emotionally-tired-but-i-wont-quit-best-motivational-video-speech.jpg)
![[+]](/images/menu.gif){kind=small}