News

PPI Jumps in July, Underscoring Growing Costs for US Manufacturers—And Likely Future Price Hikes for Consumers

The Bureau of Labor Statistics (BLS) released its Producer Price Index (PPI) on Thursday, revealing an unexpected 0.9 percent ...

Fed’s Goolsbee Flags 'Concerning' Rise in Services Prices in July CPI

Chicago Fed President Austan Goolsbee called a jump in the prices of some services “the most concerning thing” in Tuesday’s ...