_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 strategy games java rise of empires 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
_evolution-of-real-time-strategy-games-1979-2020.webp "SergiuHellDragoonHQ")
_government-insist-plan-is-working-despite-unemployment-rise.webp "Government minister Mel Stride insists that “we are seeing a resilient labour market,” despite official figures revealing that Britain’s unemployment rate has risen to its highest level for nearly a year as further cracks show in the jobs market. The Office for National Statistics said the rate of UK unemployment rose to 4.3%. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn")
_armors-in-rpg-games-be-like.webp "Loczniki official")
_don39t-do-this-at-home.webp "BotezLive Clips")
_30-best-medieval-strategy-games.webp "Image Game")
_top-10-real-time-strategy-games.webp "WatchMojo.com")
_how-to-make-an-extra-36100-a-day-with-little-effort-124-oz-finance.webp "What is mailbox money? Financial expert Nicole Lapin explains what you can do to earn passive income.")
_i-found-the-greatest-roblox-strategy-game-ever.webp "DruuuWu")
_evolution-of-real-time-strategy-games-1979-2020.jpg)
_government-insist-plan-is-working-despite-unemployment-rise.jpg)
_armors-in-rpg-games-be-like.jpg)
_don39t-do-this-at-home.jpg)
_30-best-medieval-strategy-games.jpg)
_top-10-real-time-strategy-games.jpg)
_how-to-make-an-extra-36100-a-day-with-little-effort-124-oz-finance.jpg)
_i-found-the-greatest-roblox-strategy-game-ever.jpg)
![[+]](/images/menu.gif){kind=small}