US PPI Cools More Than Expected, Easing Pressure on Fed
US wholesale inflation decelerated in July by more than estimated as energy and food costs fell, likely giving the Federal Reserve more time to assess
US wholesale inflation decelerated in July by more than estimated as energy and food costs fell, likely giving the Federal Reserve more time to assess price pressures at upcoming meetings.
Initial jobless claims rose by 9,000 in the week ending August 9. Bloomberg's Michael McKee reports. More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications
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