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Trump rate hopes burned as new inflation data comes in hot

Producer prices rose sharply in July, federal data shows, dashing President Donald Trump's hopes that the Federal Reserve would cut rates in September as he has been demanding. Newsweek has contacted the White House for comment.

Reuters on MSN · 6h

Dollar steadies as hot wholesale inflation data tempers rate cut fervour

The dollar held on to previous session gains on Friday after hotter than expected inflation data prompted traders to trim wagers on rate cuts by the U.S. Federal Reserve.

The Associated Press on MSN · 10h

US stocks dip after disappointing inflation data dents hopes for coming cuts to interest rates

Wall Street is edging back from its record heights after a disappointing report said inflation was worse last month.

Tariffs show up in Jul.’s Producer Price Index

Fox Business on MSN · 16h

Producer prices surged more than expected in July, spurring inflation concerns

The Bureau of Labor Statistics reported the producer price index jumped more than expected in July, spurring renewed concerns about inflation's economic impact.

Reuters · 17h

Dollar higher as U.S. producer prices surge in July

The U.S. dollar snapped a two-day losing streak on Thursday as data showed U.S. producer prices increased more than expected in July amid a surge in the costs of services and goods, suggesting a broader pickup in inflation in the months ahead.

Daily Journal · 17h

US producer inflation highest in three years in July

US producer price inflation bounced in July to its highest reading since 2022, data showed Thursday, as policymakers seek to gauge effects from President Donald Trump's tariffs.

5hon MSN

Chicago Fed president wants to see a 'few months of data' on inflation to gauge economy's health

"The hardest thing that the Fed ever has to do is get the timing right at moments of transition,” Goolsbee said on NBC News’ ...

11h

Stocks ease, US yields rise after hot US inflation data shakes confidence in Fed rate cut

Global stocks edged lower on Thursday, with equities on Wall Street ending flat, while U.S. Treasury yields rose after market ...

Money Morning18h

Inflation Data and Crypto Craze: Stocks Poised for Fed Rate Cut Hype

Crypto Remains in the Spotlight: Investors continue to buy all things crypto. Bullish (BLSH) went public in an IPO yesterday, ...

2don MSN

Stock market rallies toward record highs after better-than-expected inflation data

The U.S. stock market on Tuesday rose toward records after data suggested inflation in July was a touch better than ...

FingerLakes1.com20h

Stock market holds near record highs as investors await inflation data

Stock futures flat as S&P 500 and Nasdaq set records. Investors eye inflation data and Fed policy shift. Here's what we're ...

3don MSN

Massive revisions shook the jobs report. Tuesday’s inflation data could get cloudy, too

The next batch of inflation data from the Bureau of Labor Statistics was already shaping up to be a high-profile affair due ...

2don MSN

Trump’s nominee to oversee jobs, inflation data faces shower of criticism

President Donald Trump has selected E.J. Antoni, chief economist at the conservative Heritage Foundation, to be the next ...

14hon MSN

PPI report shows biggest surge in three years. Here's what that says about inflation.

Here's what new data from the producer price index says about where inflation is headed, according to economists.

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