·Confidence 90%
US Producer Prices Increase Most Since May Amid Energy Surge
Key takeaways
- US producer prices rose 0.4% in August, driven by energy costs, raising expectations for a potential interest rate hike by the Federal Reserve next week.
Analysis
US producer prices rose 0.4% in August, driven by energy costs, raising expectations for a potential interest rate hike by the Federal Reserve next week.
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