BNB$711.77+0.06%BRENT$107.46+6.18%BTC$77,343+0.44%COPPER$6.45-5.25%DJI$52,034-0.66%DOGE$0.0838-0.31%DXY98.98+0.16%ETH$2,464+1.06%GOLD$4,361-0.84%NDX$29,156-0.90%SILVER$64.25-4.49%SOL$99.98+0.71%SPX$7,594-0.55%US10Y4.92+1.80%VIX17.44+10.94%BNB$711.77+0.06%BRENT$107.46+6.18%BTC$77,343+0.44%COPPER$6.45-5.25%DJI$52,034-0.66%DOGE$0.0838-0.31%DXY98.98+0.16%ETH$2,464+1.06%GOLD$4,361-0.84%NDX$29,156-0.90%SILVER$64.25-4.49%SOL$99.98+0.71%SPX$7,594-0.55%US10Y4.92+1.80%VIX17.44+10.94%
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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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