_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 ms analysis services 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
_northumbria-police-executes-warrants-and-increases-officer-presence-in-blyth-as-part-of-operation-impact.webp "Officers executed warrants, patrolled the town’s roads, joined forces with housing providers and health services in the town, and conducted community engagement exercises.")
⏲ 1:33 👁 1.5M
_emergency-services-were-called-to-an-incident-in-bridgefield-ashford.webp "Read more at KentOnline.co.uk")
_dune-prophecy-124-official-teaser-124-max.webp "10,000 years before the birth of Paul Atreides, before the universe knew them as the Bene Gesserit...<br/><br/>The new Max Original Series #DuneProphecy is streaming this fall on Max.<br/><br/>About Max:<br/>Max is the culture-defining entertainment service for every mood. With a variety of genres that include your favorite series and movies from iconic brands and treasured franchises, it delivers irresistible stories every time. From reuniting with life-long favorites to uncovering new ones you haven’t discovered yet, there's something for every moment, every feeling, every you.<br/><br/>It’s all here. Iconic series, award-winning movies, fresh originals, and family favorites featuring the worlds of Harry Potter, the DC Universe, and HBO. Discover the best entertainment for every mood. Introducing Max – the one to watch.<br/>#WarnerBrosDiscovery #streamonmax #theonetowatch<br/><br/>SUBSCRIBE TO MAX<br/>https://streamonm.ax/3vgR69B<br/><br/>GET MAX<br/>https://streamonm.ax/4a83GYO<br/><br/>FOLLOW MAX<br/>Follow Max on YouTube: https://streamonm.ax/YouTube<br/>Follow Max on Instagram: https://streamonm.ax/Instagram<br/>Follow Max on TikTok: https://streamonm.ax/TikTok<br/>Follow Max on Twitter: https://streamonm.ax/Twitter<br/>Follow Max on Facebook: https://streamonm.ax/Facebook")
_farrey-2023---hindi-movie-720p---alizeh-agnihotri-sahil-mehta-prasanna-bisht-juhi-babbar-ronit-roy-zeyn-shaw.webp "Farrey (which means ‘chit’) is a refreshing change from the many typical high-school dramas, which are currently flooding streaming services, and often pack in-your-face violence, sex and substance abuse. The movie, an official adaptation of Thai writer-director Nattawut Poonpriya’s acclaimed ‘Bad Genius’, instead throws the spotlight on its academically brilliant protagonist who is drawn into a web of manipulation and greed, before she picks up the art of hustling herself.<br/><br/>The movie introduces debutant Alizeh Agnihotri (Salman Khan’s niece), who may not exude the flamboyance of her star uncle but confidently essays the role of an exceptionally bright teenager who finds herself in a bind. Agnihotri plays the role of the ‘bad genius’ Niyati, who has been brought up in an orphanage by its warden and his wife. After becoming the state topper, Niyati ends up bagging a coveted scholarship that helps her secure a place at a prestigious international school. Her impressive score notwithstanding, Niyati is a misfit in the elite setup where students are driven around in luxury cars. But this genius is blessed with street-smartness and is quick to adapt to its ways.<br/>What starts as an innocuous act of helping a classmate for Niyati, soon grows into a cheating racket during examinations. As more rich students get involved in it, the orphanage starts getting more donations and Niyati has money for her expenses. Soon, another bright but poor student Aakash, who had also bagged the scholarship, is drawn into this racket in spite of his initial resistance. The school-level cheating eventually spirals into an international-level fraud. What works in this ambitious plan-gone-horribly-awry kind of thriller is the taut storytelling that doesn’t lose its focus even as it builds the tension.")
⏲ 1:49:23 👁 3.8M
_the-scotsman-bulletin-wednesday-may-15-2024-housing.webp "Scotsman head of news Dale Miller catches up with political correspondent Rachel Amery about problems for councils in delivering vital services")
_griffith-did-erla-drink-gummy-juice.webp "The Police Service Commission may have given Top Cop Erla Harewood-Christopher a quote \")
_psychiatrist-answers-mental-health-questions-from-twitter-124-tech-support.webp "Psychiatrist Dr. Eric Bender answers your questions about mental health from Twitter. Can you develop a personality disorder? Is stress contagious? What does the Rorschach test actually prove? Answers to these questions and many more await—it's Mental Health Support.Check out Dr. Eric Bender's Youtube channel for more analysis of popular TV shows and movies: https://www.youtube.com/@dr.ericbender6371Plus, COMING SOON: Dr. Bender's upcoming podcast Shrinkage which explores mental health in TV, movies, and video games.Director: Lisandro Perez-ReyDirector of Photography: Yukihiro UemuraEditor: Richard TrammellExpert: H. Eric Bender, M.D.Line Producer: Joseph BuscemiAssociate Producer: Paul GulyasProduction Manager: Peter BrunetteCasting Producer: Nicholas SawyerSound Mixer: Russell PurcellProduction Assistant: Davis ForgePost Production Supervisor: Christian OlguinPost Production Coordinator: Ian BryantSupervising Editor: Doug LarsenAdditional Editor: Jason MaliziaAssistant Editor: Billy Ward")
_chris-kamara-awarded-freedom-of-the-city.webp "Kammy has been awarded the honour in recognition of his services to charity and the city of Wakefield. <br/>")
_northumbria-police-executes-warrants-and-increases-officer-presence-in-blyth-as-part-of-operation-impact.jpg)
_emergency-services-were-called-to-an-incident-in-bridgefield-ashford.jpg)
_dune-prophecy-124-official-teaser-124-max.jpg)
_farrey-2023---hindi-movie-720p---alizeh-agnihotri-sahil-mehta-prasanna-bisht-juhi-babbar-ronit-roy-zeyn-shaw.jpg)
_the-scotsman-bulletin-wednesday-may-15-2024-housing.jpg)
_griffith-did-erla-drink-gummy-juice.jpg)
_psychiatrist-answers-mental-health-questions-from-twitter-124-tech-support.jpg)
_chris-kamara-awarded-freedom-of-the-city.jpg)
![[+]](/images/menu.gif){kind=small}