✉news BusinessFinance first seen 3 d ago, last 3 d ago, peak #19
Wholesale prices rose in September, keeping a rate hike possible
Original: Wholesale prices bubbled higher in September, keeping a rate hike on the table
US wholesale prices climbed faster than expected in September, according to the producer price index, adding to evidence that inflation remains stubborn. The rise keeps the Federal Reserve's option of another interest rate hike alive, and analysts say officials will want to see further cooling in prices before easing policy. Markets are watching upcoming inflation data for direction.
Why now: Fresh inflation data is influencing expectations about the Federal Reserve's next interest rate decision.
Rank over time, top of the chart is #1. 2 snapshots from 3 d ago to 3 d ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/2368785