US wholesale inflation heated up again last month

The acceleration in the prices producers pay for goods and services highlights the persistence of inflation, the bumpy path to bring it lower.

gập ghềnh

When stripping out the more volatile components of food and energy, the closely watched “core” index moved higher for the third consecutive month.

Wed’s hotter than expected CPI stoked concerns that both inflation and interest rates will remain higher for longer.

làm dấy lên

Despite the “last mile” living up to its arduous expectations, the Fed still has a potential soft landing, where the inflation is tamped down without a surge in unemployment.

The labor market didn’t buckle under the crushing weigh of rapidly higher interest rates, instead, it remained historically strong.

Despite the “last mile” living up to its arduous expectations, the Fed still has a potential soft landing.

gian truân