✉news BusinessRetail first seen 4 d ago, last 4 d ago, peak #17
US producer prices jump most in four and a half years
Original: US producer prices post largest gain in 4-1/2 years; retail sales beat expectations
United States producer prices recorded their largest increase in four and a half years, while retail sales came in above expectations, according to Reuters. The data points to building inflation pressure at the wholesale level alongside resilient consumer spending. Markets and economists are weighing what the combination means for Federal Reserve interest rate decisions in the months ahead.
Why now: Fresh US inflation and retail sales data feed directly into expectations for Federal Reserve policy.
United StatesFederal ReserveReuters
Rank over time, top of the chart is #1. 2 snapshots from 4 d ago to 4 d ago.
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